Why invest in TIME:Social Long Income?
Income with inflation protection
The majority of rent reviews are either inflation linked or have a fixed uplift, rather than being subject to an open market negotiation. The majority of rent reviews are upwards only.
Track record in long income funds
The TIME group has a long track record in long income property and manages over £3 billion of UK long income property assets.
Demographics
The under supply and increasing demand for social infrastructure has created a need for long-term capital from the private sector.
Consistent income
The fund currently seeks a consistent income by investing in social infrastructure.
Positive social impact
The fund allows investors to have a positive impact on society, while generating a long-term, attractive, risk-adjusted return.
TIME:Social Long Income has been launched to provide investors with consistent income while also creating a positive impact on society. The fund aims to deliver a consistent income with a level of inflation protection, by investing in a diversified portfolio of social infrastructure assets.
Due to population growth and demographic changes there is increasing demand for high quality social infrastructure. The ever-increasing funding restrictions within the sector further limit the supply of social infrastructure assets. We believe that private investment can offer a helping hand by investing in assets that provide a meaningful social benefit in return for long leases. The long lease lengths provide peace of mind for the tenants, helping them forecast future budgets and ensure ongoing support for those using these facilities, as well as also providing the fund with consistent income. Rents are typically linked to inflation providing consistency of income.
TIME:Social Long Income offers dealing in its shares on daily basis with distributions paid on a quarterly basis. The payment dates for the distributions will be the end of March, June, September and December.
TIME:Social Long Income at a glance
Supported living
Description: Accommodation and care for individuals who need support due to physical or learning disabilities
Typical lease: 15 to 30-year Fully Repairing and Insuring (FRI) to registered providers with inflation-linked rental uplifts
User demand: Adults from 18 to 65 who, due to their disability, require lifelong housing and support, currently living in inappropriate, over-priced accommodation
Target location: Residential environments within local communities
Assisted living
Description: Accommodation and support for the elderly
Typical lease: 15 to 30-year Fully Repairing and Insuring (FRI) to registered providers with inflation-linked rental uplifts
User demand: Adults aged over 65 who need a level of support. This is likely to increase over time, but they don’t need to be in a nursing home or care home environment
Target Location: Residential environments within local communities
Educational facilities
Description: Day-care nurseries, further-education facilities
Typical lease: 15 to 30-year Fully Repairing and Insuring (FRI) to registered providers with inflation-linked rental uplifts
User demand: Educational organisations providing high-quality learning environments. focused on facilities where both parents are working
Target audience: Sustainable local communities with suitable demographics
The Principles of Responsible Investment (PRI).
TIME Investments, as part of the Alpha Real Capital group is a signatory of The Principles for Responsible Investment (PRI).
The PRI is an internationally recognised global network of asset managers, owners and service providers working together to put responsible investment into practice. The principles, which are voluntary and aspirational, aim to provide a framework for integrating environmental, social and corporate governance (ESG) considerations into investment decision-making and ownership practices. For more information, click here.
Fund Rating
TIME:Social Long Income has a Defaqto 5 diamond rating.
Find out more
We recognise our solutions are not appropriate for all circumstances and it is important investors receive the right advice, which is why we recommend you seek independent financial advice before choosing to invest.
If you would like to find out more about TIME:Social Long Income please speak to your local Business Development Manager or contact us.
Potential investors
If you are an investor who is interested in our investment opportunities and you do not already have a financial adviser, you may wish to visit the independent comparison site unbiased.co.uk to find a professional adviser in your local area.
Prospectus update – 15 March 2021
The Prospectus of the fund has been updated as at 15 March 2021 following the recommencement of dealing. To align it with other liquidity tools, the ACD has amended the level at which a redemption charge may be applied under clause 21.2, to remove the words “in excess of £250,000” enabling the charge to be applied on any redemptions, irrespective of value, on a dealing day. The redemption charge amount is unchanged.
Whilst the ACD does not generally apply a redemption charge, it may do so on any dealing day.
This amendment is effective from 1 April 2021.
Important information
The value of an investment in this product can fall as well as rise and investors might not get back the amount they originally put in. Neither past performance nor forecasts are reliable indicators of future results and should not be relied upon. The information on our website is not intended to constitute investment, tax or legal advice. We recommend you seek independent advice before investing in our products.
For full details of the risks associated with TIME:Social Long Income please read the product brochure, prospectus and application form.