A £30 million property fund offering participation in the Irish and British commercial property markets has been sourced by BCP Stockbrokers and Fund Managers.

The fund of 18 properties is predominantly nominated in Irish pounds and is almost exclusively invested in bricks-and-mortar assets, 70 per cent of which is in Ireland. They include retail units in Dublin's Grafton Street and in London's New Bond Street.

Returns are confidential and responsibility for tax is in investors' hands. The fund's performance has been good, with tax-paid gains of 20 per cent over the past 12 months and 12.7 per cent per year during the past three years.

Charges are front-ended and range from 4.5 per cent for investments of £5,000 and as little as 2.5 per cent for investments of more than £100,000. There are no exit charges, stamp duties or legal fees.