Property Share Unit Trust

Fund profile

Aberdeen

The FTSE All-Share Real Estate index performed very strongly over the month outperforming the FTSE 100, FTSE 250 and the FTSE All-Share. The strength of the performance from the FTSE All Share Real Estate index was based on the fact that only 2 of the 32 constituents produced a negative absolute return. May was another busy month for the fund, with nearly all the activity focused on topping up our existing positions. The weighting in Berkeley Group was raised again on price weakness at the start of the month following some negative house price data. The fund's position in Minerva was rais...