| NASDAQ (NMS) Exchange | US Country |
The fund is an investment portfolio that focuses on the real estate industry. With a strategy to allocate at least 80% of its net assets, along with any borrowings for investment purposes, into stocks of companies that are primarily engaged in real estate activities. These activities can include the owning, managing, financing, construction, or sale of residential, commercial, or industrial real estate. The fund is categorized as non-diversified, which often means it may invest more heavily in particular stocks or sectors, potentially increasing its risk and return profile.
The main service offered is the investment in a diversified portfolio of stocks belonging to companies that are significantly involved in the real estate sector. This includes businesses that generate a minimum of 50% of their revenues or profits from real-estate-related operations or have at least 50% of their assets in real estate. This broad definition allows the fund to include a variety of companies, from those focused on residential properties to firms specializing in commercial or industrial real estate projects.