Today we are featuring top-performing “Real Estate” equity mutual funds, which primarily invest in equity securities of real estate companies.
Investors can find such funds by checking out the entire list of the Zacks #1 Rank Real Estate Equity Funds.
3 Excellent Samples
Fidelity International Real Estate (FIREX) was incepted in September 2004. The investment seeks capital appreciation.
The fund primarily invests in non-US securities. It allocates investments across different countries and regions considering the size of the market in each country and region relative to the size of the international real estate securities market as a whole.
Shareholders have to make a minimum initial investment of $2,500 to enter this Zacks#1 Rank (“Strong Buy”) fund. It has an expense ratio of 1.18%.
ING International Real Estate A (IIRAX) seeks high total return by focusing on companies with superior current income and growth potential relative to their peers.
The fund may invest in real estate companies located in a number of different countries, other than the U.S., including those with emerging securities markets. At the end of April 2009, its portfolio turnover was 44%.
Steven D. Burton has been lead manager at the fund since February 2006. It has topped total returns of its benchmark index in the last 1- and 3-year periods.
Cohen & Steers International Realty A (IRFAX) seeks total return by primarily focusing on a portfolio of non-U.S. real estate equity securities including common stocks, preferred stocks and other equity securities issued by real estate companies.
The fund may invest up to 20% of assets in the equity securities of REITs and other U.S. real estate companies. It is non-diversified.
The fund’s key holdings include Westfield Group, Mitsubishi Estate and Sun Hung Kai Properties Ltd.
Discover Many More Funds
Learn more about the new Zacks Mutual Fund Rank and discover some of the best market-beating mutual funds by browsing our new mutual funds section. This part of Zacks.com offers a variety of tools, including mutual fund research, a new mutual fund screener, helpful answers to frequently asked questions and quick access to prospectuses and other information.
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward.
