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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.

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