The summary statistics in this section are drawn from the AREF/IPD UK Quarterly Property Fund Index (QPFI) and are intended to be a useful quick reference.

The published, quarterly, indices summary may be obtained from IPD’s web-site by clicking the link to the right.  The full, quarterly, indices publication is only available to index participants and other users who have been pre-approved by IPD.

• All Balanced Funds
• Long Income Funds
• Specialist Funds

March 2018December 2017September 2017June 2017March 2017December 2016September 2016June 2016March 2016December 2015September 2015June 2015March 2015December 2014September 2014June 2014March 2014December 2013June 2013March 2013December 2012September 2012June 2012March 2012December 2011September 2011June 2011March 2011December 2010September 2010June 2010March 2010

Fund Performance	3 Months %	1 Year %	3 Years % pa	5 Years % pa	NAV £m
AEW UK - Core Property Fund	2.5	14.5	11.3	14.8	273.2
AEW UK Real Return Fund	2.7	9.6	-	-	88.7
Aviva Investors Pensions Limited	2.7	12.5	7.2	9.5	822.2
BlackRock UK Property Fund	1.7	9.9	7.6	9.8	3408.1
CBRE UK Property PAIF	1.7	9.8	8.1	11.0	1614.6
COIF Charities Property Fund	1.7	9.3	8.1	10.9	523.1
Fidelity UK Real Estate Fund	2.5	11.9	8.2	12.2	547.1
Hermes Property Unit Trust	2.0	11.6	10.3	12.8	1549.6
Kames Active Value Property Fund	2.5	9.8	8.9	10.3	217.3
Kames Capital UK Active Value Property Unit Trust	1.8	11.2	8.6	-	244.9
Keills Property Trust	1.6	5.5	5.8	7.9	35.3
Legal & General Assurance (Pensions Management) Ltd	1.3	7.9	6.9	9.6	3439.5
Lothbury Property Trust	1.8	9.9	8.3	10.7	1700.7
M&G UK Property Limited Partnership	2.6	10.8	7.7	10.0	775.0
Mayfair Capital Property Income Trust for Charities	2.3	11.5	10.2	11.9	483.5
Mayfair Capital Property Unit Trust	2.6	11.5	9.5	11.5	355.6
Rockspring Hanover Property Unit Trust	2.0	11.3	8.7	11.5	511.0
Royal London Property Fund	1.3	6.8	6.5	8.9	400.7
Royal London UK Real Estate Fund	1.8	-	-	-	2904.1
Savills IM UK Income & Growth	3.5	12.5	8.9	9.7	128.3
Schroder UK Real Estate Fund	2.2	10.9	9.5	11.9	2515.2
Standard Life Investments Pooled Pension Property Fund	1.7	8.7	6.5	9.5	3142.8
TH Real Estate UK Property Fund	2.9	13.3	11.4	11.7	191.1
The Charities Property Fund	2.3	11.2	9.7	11.5	1270.8
The Local Authorities Property Fund	2.0	9.7	8.0	11.1	976.3
Threadneedle Pensions Limited	2.0	9.6	8.2	10.7	1941.5
Threadneedle Property Unit Trust	2.0	9.7	8.4	10.7	1570.2
Tritax Property Income Fund	2.2	11.3	-	-	189.3
Triton Property Fund	2.0	10.5	8.5	11.1	864.1

Fund Performance	3 Months %	1 Year %	3 Years % pa	5 Years % pa	NAV £m
Airport Industrial Property Unit Trust	3.9	15.7	11.8	14.8	496.9
Grosvenor Liverpool Fund	-0.4	4.7	12.6	15.1	579.4
Grosvenor London Office Fund	-0.2	-1.0	5.6	11.1	131.2
Hercules Unit Trust	1.5	6.3	4.3	6.9	931.5
Industrial Property Investment Fund	4.7	25.1	17.2	20.3	1605.6
Kames Target Healthcare Property Limited Partnership	3.0	20.7	15.2	13.6	92.2
Standard Life UK Retail Park Trust	0.4	3.6	-3.4	1.1	462.0
Standard Life UK Shopping Centre Trust	0.1	3.0	3.8	7.1	1567.8
TH Real Estate Central London Office Fund	1.7	9.3	5.6	11.9	464.9
TH Real Estate UK Retail Warehouse Fund	0.1	6.9	2.9	6.8	683.6
TH Real EstateUK Shopping Centre Fund	-0.6	-1.3	-3.8	1.4	540.0
The Leisure Fund LP	1.2	12.2	11.0	12.4	466.8
The Lend Lease Retail Partnership	-4.6	-6.8	0.2	4.0	749.4
UNITE UK Student Accommodation Fund	2.1	11.0	12.6	14.4	1603.7
West End of London Property Unit Trust	0.5	4.1	5.6	13.0	933.9

Fund Performance	3 Months %	1 Year %	3 Years % pa	5 Years % pa	NAV £m
BlackRock UK Long Lease Property Fund	1.7	9.2	7.7	-	737.3
LPI (Limited Price Inflation) Income Property Fund	1.6	8.7	7.1	8.1	1169.9
M&G Secure Property Income Fund	2.1	9.2	7.5	8.7	3791.2
PGIM Real Estate UK Ground Lease Fund	0.4	8.6	11.7	10.8	642.6
Standard Life Investments Long Lease Property Fund	1.7	10.3	7.8	9.0	2165.5