| NASDAQ (NMS) Exchange | US Country |
The fund operates within the real estate sector, focusing on investing in equity securities of companies actively involved in the real estate industry. Adopting a market capitalization weighted approach, it aims to include a diversified portfolio comprising companies with principal activities in the ownership, management, development, construction, or sale of various types of real estate. These range from residential and commercial to industrial properties. The investment strategy prominently targets real estate investment trusts (REITs) and companies that are pioneers in residential construction, as well as firms specializing in the commercial property development sector, excluding partnerships.
The fund invests in readily marketable equity securities of companies engaged in significant real estate activities, including owning, managing, developing, constructing, or selling residential, commercial, or industrial real estate.
A significant portion of the investment strategy is directed towards equity securities of various REITs. These trusts are involved in financing or owning income-producing real estate across a range of sectors, offering investors a stream of income as well as the potential for capital appreciation.
Investment in companies specializing in residential construction is a key focus area. These companies are primarily engaged in the construction and sale of residential properties, tapping into the demand for new housing and developments.
The fund also targets investments in firms, excluding partnerships, whose principal activity is the development of commercial properties. This includes companies involved in the creation of shopping centers, office buildings, and industrial parks, aiming to capitalize on the commercial real estate sector's growth.