Description

The fund provides exposure to global-listed real estate securities or companies that own or operate income-producing real estate properties. The portfolio managers focus on companies with stable fundamentals, quality of management, and financial strength. Companies that are considered to be able to sustain superior growth from earnings, NAV growth, net operating income, adjusted funds from operations, and funds from operational growth are selected for the portfolio. Modeling analytics of stock, sub industry and country are utilized to manage overall risk exposures. The portfolio managers may hedge any or all foreign currency exposure in the ETF.