Audited annual report and financial statements for the year ended 31 March 2020.
Due to COVID-19 the FCA has extended the date for the filing of the audited annual report and financial statements by an additional two months. As a result the fund’s audited annual report and financial statements for the year ended 31 March 2020 will be published and made available to shareholders by 30 September 2020.
Fund characteristics
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. 100% of the 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.
Investor consent to exchange units in SFF (and its dedicated feeder trust, SFFT) for equivalent units in a new FCA authorised fund, Social Long Income PAIF (“SLIP”) (and its dedicated feeder trust TIME:Social Long Income Feeder Trust (“SLIFT”) was approved on 22 March 2019. For more information, click here.
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
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.
Defensive income solutions
TIME’s income solutions have a long track record of delivering attractive inflation-beating returns with consistent income. The TIME group manages over £3.5 billion of assets and has a long and impressive track record in long income investing. TIME:Social Long Income is part of a suite of three successful long income funds.
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.
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.