AAM/Phocas Real Estate I

Overview

Fund Category

Real Estate

Net Assets

25.26

Minimum Investment

$25000

1 Day Change

-0.97

1 Day Return

-0.97

1 Month Return

-0.31

YTD Return

0.72

5 Year Return

4.25

Expense Ratio

0.90%

Minimum Investment

$25000

Morningstar Rating

NAV

-0.32

Security Type

Open-End

Stock dividend price

$0.00

Ticker Symbol

APRIX

Timestamp from when the data was fetched

Jun. 9 2023

Performance Details

Performance Date

May. 31 2023

Performance

3.85%

Performance: 3 Years

3.51%

Performance: 5 Years

2.26%

Fund information

Fund Provider

AAM

Company website

http://www.aamlive.com/publicsite/mutual-funds

Inception Date

Sep. 29 2006

Fund Managers

James Murray

William Schaff

Primary Perspective Benchmark

S&P United States REIT TR USD

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What's a REIT?

REITs, or real estate investment trusts, are companies that own or finance income-producing real estate across a range of property sectors. These real estate companies have to meet a number of requirements to qualify as REITs. Most REITs trade on major stock exchanges, and they offer a number of benefits to investors.

Why Invest in REITs

REITs historically have delivered competitive total returns, based on high, steady dividend income and long-term capital appreciation. Their comparatively low correlation with other assets also makes them an excellent portfolio diversifier that can help reduce overall portfolio risk and increase returns. These are the characteristics of real estate investment.

About Nareit

Nareit serves as the worldwide representative voice for REITs and real estate companies with an interest in U.S. real estate. Nareit’s members are REITs and other real estate companies throughout the world that own, operate, and finance income-producing real estate, as well as those firms and individuals who advise, study, and service those businesses.