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Time is now in the market

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For those interested, The Freehold Income Trust has now completed its conversion to authorised PAIF status and is now called The Freehold Income Authorised Fund (as of 3rd April).
Living for tomorrow might mean that you survive the day after.
It is always different this time. The only thing that is the same is the outcome.
Portfolios are like personalities - one that is balanced is usually preferable.



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  • kidmugsy
    kidmugsy Posts: 12,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Ark_Welder wrote: »
    For those interested, The Freehold Income Trust has now completed its conversion to authorised PAIF status and is now called The Freehold Income Authorised Fund (as of 3rd April).

    Tell me about PAIF's - OK for ISAs?
    Free the dunston one next time too.
  • Jegersmart
    Jegersmart Posts: 1,158 Forumite
    I am not clear as to what the title of your thread means?
  • Ark_Welder
    Ark_Welder Posts: 1,878 Forumite
    edited 22 May 2013 at 11:38PM
    kidmugsy wrote: »
    Tell me about PAIF's - OK for ISAs?

    Yes [edit] - OK for ISAs. [edit 22May13] Although Freehold Income isn't eligible because it does not invest in assets that are allowed in an ISA.

    M&G have recently converted their property UT to PAIF status. My understanding (which could inevitably be wrong) is that PAIF is the open-ended equivalent to the closed-ended REIT - at least as far as the taxation of distributions is concerned to the investor.

    Jegersmart wrote: »
    I am not clear as to what the title of your thread means?

    It was just for my amusement: a play on the title of another thread, plus the fact that the manager of this fund is now called Time Investments (was Alpha Real Capital, which was spun off from Close Brothers). And as the fund was UCIS but is now authorised, it is now....in the market....

    Simple things amuse simple minds...

    ...and it certainly amused me!
    Living for tomorrow might mean that you survive the day after.
    It is always different this time. The only thing that is the same is the outcome.
    Portfolios are like personalities - one that is balanced is usually preferable.



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