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Even though real estate has been through tough times recently, securities from this sector should continue to be an integral part of portfolios with a long-term horizon. Over the years, mutual funds from this category have continued to perform favorably. They offer a convenient method to invest in real estate because of low initial investment requirements and the advantage of professional management. Investors willing to hold long-term positions would do well to consider these funds as they add stability and bring steady returns to a portfolio. Below we will share with you 5 buy-ranked real estate mutual funds. Each has earned either a Zacks Mutual Fund Rank #1 (Strong Buy) or a Zacks Mutual Fund Rank #2 (Buy) as we expect these mutual funds to outperform their peers in the future. SSgA Clarion Real Estate N (MUTF: SSREX ) seeks income and capital appreciation. SSREX invests a lion’s share of its assets in real estate investment trusts (REITs). SSREX may also invest not more than 20% of its assets in non-REIT securities that are issued by real estate companies and may also allocate a small portion of its assets in equity and fixed income securities of companies other than real estate firms. The SSgA Clarion Real Estate N is a non-diversified fund and has a three-year annualized return of 10.8%. SSREX has an expense ratio of 1.00% as compared to category average of 1.34%. JHFunds2 Real Estate Securities 1 (MUTF: JIREX ) invests a large chunk of its assets in securities of companies from real estate sector, and REITs. JIREX primarily invests in equity securities including common and preferred stock. A maximum of 10% of JIREX’s assets may get invested in non-US real estate firms. The JHFunds2 Real Estate Securities 1 is a non-diversified fund and has a three-year annualized return of 10.3%. As of April 2015, JIREX held 50 issues with 10.72% of its assets invested in Simon Property Group, Inc. (NYSE: SPG ). Columbia Real Estate Equity Z (MUTF: CREEX ) seeks capital growth and high level of income over the long run. CREEX invests a majority of its assets in equity securities of real estate companies. CREEX may also invest in REITs including equity REITs, mortgage REITs and hybrid REITs. The Columbia Real Estate Equity Z is a non-diversified fund and has a three-year annualized return of 10.1%. Arthur J. Hurley is the fund manager and has managed CREEX since 2006. VY Clarion Real Estate S2 (MUTF: IVRTX ) invests heavily in securities of domestic companies that are involved in real estate domain including REITs. IVRTX primarily focuses on acquiring common and preferred stocks of companies having market capitalizations more than $100 million. IVRTX may also invest in other derivatives such as convertible securities, IPOs, and Rule 144A securities. The VY Clarion Real Estate S2 has a three-year annualized return of 10.3%. IVRTX has an expense ratio of 1.08% as compared to category average of 1.34%. American Century Global Real Estate A (MUTF: ARYMX ) seeks high return through capital growth and current income. ARYMX invests a major portion of its assets in equity securities of REITs and other real estate firms. Though ARYMX generally invest in companies from developed nations including the U.S., ARYMX may also invest in companies located in emerging countries. A minimum of 40% of ARYMX’s assets get invested in foreign companies. The American Century Global Real Estate A is a non-diversified fund and has a three-year annualized return of 12.1%. As of March 2015, ARYMX held 73 issues with 3.87% of its assets invested in Simon Property Group, Inc. Original Post Scalper1 News
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