I was encouraged by a broker recently to invest in some such funds as they are now "good value"/QUOTE]
I’m not saying that IE property funds do not represent ‘good value’, but if your financial adviser is such a genius why did he or she not advise you to invest in UK commercial property in say Sept 09 when it bottomed out and has since increased back to its November 2008 level (based on the Aviva UK commercial property fund), i.e. 14% increase? If the adviser missed this one,what makes you think he or she has any ability to forecast property trends? [Disclosure: personally long Aviva UK commercial property fund. This is not a recommendation to invest in this or any other fund.].