Our Fund has won a Wealth & Finance award

We are delighted to have been officially announced as winning the Wealth & Finance award for Best Residential Property Fund Manager UK & Most Innovative Investment Fund!

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Introducing the TM home investor fund

An Introduction To The TM home investor fund?️

The TM home investor fund from Hearthstone Investments is the UK’s first FCA authorised,  direct residential property fund available for private retail investors.

While a lot of investment companies work across many different sectors, we only invest in houses and flats for private rent. It’s been that way since we launched in 2009 as the UK’s first fund manager to focus solely on residential property.

We’re passionate about residential property investment and most of our team has been working in the sector for many years. We bring this experience to managing the TM home investor fund, which offers savers the chance to invest in the UK housing market from as little as £100. By working closely with estate agents and housebuilders, we look for mainstream houses and flats across the UK that are likely to increase in value and will be attractive to the growing number of individuals, couples and families wanting to rent. Currently, the fund holds over 200 residential properties across the UK, typically new or modern two or three bedroom houses and flats.

For investors, the TM home investor fund can offer a hassle-free and tax-efficient alternative to buy-to-let or help your money keep pace with property prices when saving for a deposit for your first home, or helping your children or grandchildren get on the property ladder. Within a mixed investment portfolio with equities, bonds or commercial property, the fund can also offer a way to spread, or diversify, investment risk, because residential property acts differently to these other mainstream asset classes as market conditions change.

The fund also benefits our broad range of tenants who enjoy the excellent accommodation and landlord services we provide. In a market where almost a third of the UK’s rented homes fail to meet Decent Homes Standards, which means they either contain safety or health hazards, are not in a reasonable state of repair, do not have modern facilities or do not have efficient heating or insulation, we believe the fund meets an important social need.

Risk Warning:

Investing involves risk. Investors should be aware that the value of an investment and the income from it can fall as well as rise, and they may not receive back the full amount they invest. Past performance is not a reliable indicator of future results.

The Authorised Fund Manager is Thesis Unit Trust Management Limited, Exchange Building, St John’s Street, Chichester, West Sussex, PO19 1UP. Authorised and regulated by the Financial Conduct Authority.

Hearthstone Investments Ltd is the parent company of the Hearthstone Investments Group. Regulated business is carried out by Hearthstone Asset Management Limited. Hearthstone Asset Management Limited is an appointed representative of Thesis Asset Management Limited which is authorised and regulated by the Financial Conduct Authority (114354).

Who audits the fund’s accounts?

The fund’s auditor is Grant Thornton UK LLP, 30 Finsbury Square, London EC2P 2YU

Is TM home investor fund FCA authorised?

Yes. TM home investor fund is authorised by the Financial Conduct Authority (FCA) as a Non-UCITS Scheme (NURS).

Can I view which properties the fund owns??

A selection of the properties can be found here 

How has the fund performed?

A number of external sites including Morningstar, Trustnet and Financial Times publish prices and performance daily*.

Different share classes have different charges and will perform differently as a result. Not all classes are available to direct retail investors.

Share class X, which is available through the WealthKernel portal, was not launched until 13th July 2018, so has limited past performance information – although it does invest in the same underlying portfolio of properties as the other share classes.

For more information on charges, see the FAQ ‘What does it cost’

*Please note that the fund was originally named the ‘TM Hearthstone UK Residential Property Fund’ but changed to ‘TM home investor fund’ on 13th July 2018. Some past performance information or data on other websites may still refer to the fund by its previous name.

It’s important to remember that returns are not guaranteed, and that past performance should not be used as a reliable guide to future performance.

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When can I buy and sell the fund?

Under normal circumstances, you can buy or sell shares in the fund on any UK business day. If selling shares (‘cashing in’ your investment), the sale will normally be settled four business days later. If using the WealthKernel portal, the money will usually be cleared into your bank account after one additional business day.

The fund aims to hold 10% to 15% of assets in cash to cover withdrawals and also has a stream of rental income that can be used to meet withdrawals in the short term. Note that in unusual market conditions, there may be a delay in withdrawing money if properties need to be sold. For more information, see this page