Altegris/AACA Opportunistic Real Estate Fund Institutional Class (RAAIX)

Overview

The investment seeks to deliver a comprehensive approach to earning income and achieving long-term capital appreciation by engaging in both long and short investments in equity securities of real estate and real estate-related companies. It primarily focuses on companies involved in the real estate sector, committing at least 80% of its net assets—plus any funds borrowed for investment purposes—towards equity securities of these companies. The fund adopts a broad strategy, not limiting its investments to a diversified portfolio but instead concentrating on the real estate industry to achieve its investment objectives.

Products and Services

The main product offerings and investment strategies of the fund include:

• Long Term Capital Appreciation: This strategy seeks to increase the value of the fund's holdings over an extended period. By investing in the equity securities of companies within the real estate sector, the fund aims to benefit from the growth potential of these companies, thus providing long-term capital gains to its investors.
• Current Income: Alongside capital appreciation, the fund also aims to provide its investors with a current income. This is achieved through dividends earned from the equity securities of the real estate and related companies the fund invests in. Such a strategy is designed to offer a dual benefit of growth and income to the investors.
• Equity Securities Investment: The core of the fund’s strategy revolves around investing in equity securities of real estate companies and real estate-related companies. This includes taking both long and short positions in the market, allowing the fund to potentially benefit from both the upward and downward movements in stock prices within the real estate sector.
• Non-Diversified: The fund operates as a non-diversified investment fund, meaning it may invest a larger portion of its assets in a smaller number of issuers. This concentrated approach allows the fund to heavily invest in the real estate sector, though it also increases the risk of exposure to the performance of fewer companies.