Linked Units

Linked Units are issued by Property Loan Stock Companies and are similar to ordinary shares in all respects except that a Linked Unit comprises of part share and part debenture (loan). Property Loan Stock Companies invest in or derive the majority of their income from immovable property.

Benefits

• Linked Units give investors the opportunity to invest in a diverse portfolio of expertly managed immovable property
• Investors are able to gain exposure to immovable property with a smaller initial outlay
• Cash earned on the Linked Units is distributed as often as twice a year and in some cases quarterly
• Linked Units are more liquid than the underlying properties which constitute to their portfolios
• Avoid double taxation. Interest earned on the debenture part of the Linked Unit is not taxed at a company level

Who should use this product?

• Investors looking to gain exposure to the property market without large initial outlays
• Investors with a long term investment horizon who require income returns from their investment

How to use this product?

• Linked Units trade like regular shares and can be purchased through a stockbroker