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The Daily Telegraph - Your Money - - FRONT PAGE -

OCF 1.14pc, share class n/a

This trust puts its money into loans or bonds that fund prop­erty de­vel­op­ments in Europe. It can charge high in­ter­est rates on rel­a­tively low-risk loans, as main­stream lenders have mostly aban­doned this sec­tor.

The loans are se­cured against the build­ings. That means that what­ever hap­pens to the stock mar­ket or econ­omy, the build­ing own­ers have to keep mak­ing pay­ments on the loans. The trust trades at a small pre­mium, so watch for a drop to buy.

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