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Can I include my TM home investor fund investment in my ISA or SIPP?

You can invest in the fund through a new Stocks and Shares ISA via the online portal provided by WealthKernel. The portal does not currently offer a SIPP investment option.

The fund can be held in many other providers’ Stocks and Shares ISA, Junior ISA, and SIPPs. Please talk to your provider or financial adviser and let them know you would like to invest in the TM home investor fund.

How will I know how my investment is performing?

If you invest through the online portal provided by WealthKernel, you will be able to see the latest valuation of your investment by logging in to your account.

Share price and performance information is also available on a number of third-party websites such as Trustnet, Morningstar and Financial Times.

Remember, past performance is not a guide to future performance and that the value of your investments can go down as well as up.

Do you offer financial or tax advice?

No. Hearthstone is not authorised to provide financial or tax advice, and information on this website should be not considered investment advice or a recommendation to invest. If you need financial or tax advice you should talk to an authorised financial adviser near you.

Do I have to use a Financial Adviser to invest in TM home investor fund?

No, as the fund is authorised for retail investors, you don’t have to seek professional advice. If you’re comfortable with DIY investing you can invest yourself through the online portal provided by WealthKernel or via your usual investment platform. You should always read the Key Investor Information Document before investing.  If you are unsure about whether the fund is suitable for you, we would recommend you talk to an authorised financial adviser. You can search for free on www.unbiased.co.uk or www.mylocaladviser.co.uk to find a financial adviser near you.

Is there a maximum age to invest?

No, there is no maximum age.

Does the fund trade on a secondary market?

No. The fund is an Open Ended Investment Company (OEIC), so it can create additional shares for new investors to buy, or cancel shares when it buys them back from those who want to cash in their investment. This means there is no need for a secondary market.

In unusual market conditions, there may be a delay in withdrawing money if properties need to be sold. However, the fund aims to hold 10% to 15% of assets in cash to cover withdrawals and has a stream of rental income that can be used to meet withdrawals in the short term.

Who invests in TM home investor fund?

Investment returns from residential property tend to have little correlation to other mainstream asset classes, which means it acts differently to equities, fixed income and commercial property investments as market conditions change. TM home investor fund can, therefore, provide a useful way of diversifying your investment portfolio to spread the risk of investing. The fund is often recommended by financial advisers and we have many institutional investors who have invested pension fund money for exactly this reason.

People also invest in TM home investor fund with a particular goal in mind:

  • first time buyers saving for a house deposit
  • parents and grandparents wanting to help children onto the property ladder
  • expats aiming to keep a toe in the UK housing market
  • people looking for a hassle-free alternative to buy-to-let, as well as other more general investment aims

There are investors saving £100 each month and ones who’ve invested £1m or more.

How much can I invest?

You can invest from as little as £100 through the online portal provided by Hearthstone’s trusted partner, WealthKernel. There’s no upper limit using this service unless you’re investing through an ISA.

If not investing through the WealthKernel portal, minimums for retail share classes are usually £50 per month or £1,000 lump sum. Some online investment platforms may allow you to invest smaller amounts.

Maximum limits apply to investment through ISAs and through pensions (including Self Invested Personal Pensions, or ‘SIPPs’).

Please note that the online portal provided by WealthKernel currently only offers investment into TM home investor fund directly, or through a new Stocks & Shares ISA.

The personal limit for ISAs this tax year (2018/19) is £20,000. This can be split between a Stocks & Shares ISA, a Cash ISA*, a Lifetime ISA (maximum £4,000) and an Innovative Finance ISA*. You can open one of each type of ISA each tax year.

Other product providers and online platforms offer the fund via personal pensions, SIPPs and ISAs, and you can also speak to your financial adviser.

The above should not be considered financial or tax planning advice, or advice to invest in any particular investment vehicle or fund.

Taxation information is based on Hearthstone’s understanding of legislation in force as at July 2018. Legislation may change, and tax and trust law may be open to differing interpretation. The impact of taxation will depend on individual circumstances. Potential investors should seek advice from their financial adviser or tax specialist before investing.

The prospectus contains more information on taxation within TM home investor fund and taxation in the hands of the investor. Please contact us if you would like a copy.