As the value of the fund is very much determined by the value of the properties it owns, if property prices fall so will the value of your investment in the fund. Income from rents and any cash held by the fund may offset the fall in property values by some degree.

Hearthstone’s team of residential property experts invests in a range of property types across the UK, particularly seeking areas where we believe house prices and private rents will increase in value. UK residential property has a long history of providing attractive, stable returns, but house prices do fluctuate, and the fund should be considered as a medium to long-term investment of at least five years.