Castle Trust reports impressive growth from Housa trackers

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Sean Oldfield, CEO of Castle Trust

Castle Trust has delivered growth of up to 11.2% from its Housa trackers since launch in October 2012.

Since launching in October 2012, the Growth Housa tracker has delivered growth of between 8.3% and 11.2%.

Growth Housa trackers are available for three, five and 10-year terms, and provide investors with 125% – 170% of any increase in the HHPI (depending on the term). The Income Housa, which is also available for three, five and 10-year terms, has returned capital growth of 6.6% in addition to an annual income of between 2% and 3% (depending on the term). Unlike property funds, there are no upfront or ongoing management fees.

Improved sentiment on UK house prices has not only increased returns, but has also increased investor appetite, with Castle Trust reporting rising investment inflows quarter on quarter. Housa trackers are eligible for SIPPs, ISAs and Junior ISAs – Castle Trust forecasts investor demand will continue to expand as the ISA season approaches.

Sean Oldfield (pictured), Castle Trust CEO, said: “Residential property is one of the most stable asset classes and, long term, has historically delivered annual returns of about 6% a year – which is comparable to equities, but with much less volatility.

“Against cash, gilts and corporate bonds, our Housa trackers now look very attractive indeed.”

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