Do you have a minimum investment?

The WealthKernel portal is now closed for new or top-up investment into the Fund.

Minimum investment is £1,000 although lower amounts may be permitted via different investment platforms.

Please speak to your financial adviser or contact us for more information on the Fund’s availability on the various platforms.

What happens to my investment if Hearthstone stops operating?

The Authorised Corporate Director (Thesis Unit Trust Management Limited) and the Depositary (NatWest TDS) will decide how best to proceed to protect everyone’s investment in the fund, and whether to appoint an alternative Property Investment Advisor. If the fund is unable to meet its obligations to investors, you may be able to claim for any financial losses under the Financial Service Compensation Scheme, more details of which can be found at https://www.fscs.org.uk/

Will I pay tax on my investment?

TM home investor fund is a UK domiciled Open Ended Investment Company (OEIC) which is authorised by the Financial Conduct Authority. It also has Property Authorised Investment Fund (PAIF) tax status, meaning that the fund’s income from property investment is exempt from corporation tax, which would normally be payable by an OEIC at 20%.

If you invest through an ISA, you won’t pay tax on any income or capital gains from the fund.

Investors not in an ISA, may be liable to income tax or capital gains tax. you can contact us for a copy of the prospectus which contains more detailed information on taxation within the fund and taxation in the hands of the investor.

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.

Is my investment secured or guaranteed?

There are no guarantees that the value of your investment won’t fall, and we cannot guarantee how much you’ll make while you’re invested. Your investment returns are driven by the change in value of the properties, the rents paid by tenants, and the fund’s costs and charges. The fund is covered by the Financial Services Compensation Scheme which you can find out more about here.

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

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.

How long is my investment committed for?

There’s no lock-in period or minimum investment time. However, this should be considered as a medium to long-term investment of at least five years.