The Arc European Property Fund

OEIC Key Features Brochure	Property Fund NewsLetter

OEIC Prospectus	OEIC Individual/Joint Application Form	OEIC Trust Application Form

Find out more at our dedicated website: www.arceuroproperty.com

The Fund's price is quoted daily in the Financial Times and can also be found on Bloomberg.

Investment Strategy and Fund Overview

The Fund is a medium term and medium risk investment offering exposure to a diverse range of property developments throughout Europe. It aims to invest in a portfolio of investments ranging from development projects to constructed investment properties held for their yield. Its property investments can be in all sectors and currently it holds both residential and light industrial properties.

Property funds have historically provided relatively secure, medium-risk performance over the medium term.

The Fund is an open-ended investment company (OEIC). An OEIC works in a similar way to a unit trust, except that an OEIC is a company and issues shares rather than units. An OEIC is open-ended, which means that the fund can get larger or smaller, depending on the number of investors who wish to buy or sell shares.
One advantage of Arc’s OEIC is that it has a single price, directly linked to the value of the Fund's underlying investments. All shares in the Fund are bought and sold at this single price. This contrasts with unit trusts, which normally have different buying and selling prices.

Investors' money is pooled with a view to investing in a diversified portfolio of properties and spreading the investment risk.

Arc invests in a variety of European real estate assets and property development opportunities. This is combined with more liquid investments, such as money market instruments, deposits, government and public securities. The latter is to ensure that the Fund maintains a minimum level of liquidity as required by the FSA.
The OEIC’s target rate of return is 8% per annum.

The range of investments includes: buying land and developing it for sale; acquiring new property for sale; and buying commercial and residential property. Profits realised on sales will be reinvested.

Other features
• Is available for inclusion in SIPPs. This will permit investment into the OEIC in a tax efficient way
• The minimum investment is £5,000
• Investors may opt for income shares which pay out realised income to investors as a dividend half-yearly
.

Risk Warning
There are risks with any investment. Property prices can fall as well as rise and past performance is not necessarily a guide to future returns. Investment in overseas markets can carry an additional risk of currency fluctuations. No investment should be made without due reference to the full prospectus and Key Features Document which are available on this website or direct from Arc Fund Management Limited.