TM home investor fund is a UK domiciled Open Ended Investment Company (OEIC), authorised by the Financial Conduct Authority as a Non-UCITS Retail Scheme (NURS), and has Property Authorised Investment Fund (PAIF) tax status.
For platforms that cannot currently administer the three income streams reported by PAIFs, an Authorised Unit Trust feeder fund is also available.
As with most other authorised funds, both the PAIF and AUT feeder can be held in ISA and pension/SIPP wrappers.
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/