OPM Fund Management launches property FoFs

OPM Fund Management has launched a property fund of funds that will take full advantage of the flexi...

OPM Fund Management has launched a property fund of funds that will take full advantage of the flexibilities under the Nurs regime. The fund will invest in traditional bricks and mortar funds, global Reits collectives, property-oriented equities and hold cash for liquidity purposes. Under the management of Ross Henderson, who will be backed up by Tony Yousefian, the portfolio is intended to consist of 12 positions. Minimum investment is £1000 and charges are 5% initially and 1.5% annually. Commission is available at 3% initially and 0.5% renewal.