The PGIMG Global Real Estate Fund combines the advantages of diversification with long-term returns potential. Recognized by leading industry researchers, it provides exposure to real estate through investments in securities of REITs and similar companies with low expense ratios and provides investors with an inexpensive means of diversifying their real estate investments.
The fund is managed by an experienced team of real estate professionals with expertise. Their focus is value-oriented investing based on real estate fundamental research and management team evaluation. Through detailed company research that includes management visits, property tours and financial analyses the fund attempts to understand how real estate assets are currently valued compared to their quality.
Occupier momentum should contribute to an upturn in space demand, and this fund intends to take advantage of it by capitalising on this through short-term asset repositioning opportunities and finding value-creation in sectors with strong occupier fundamentals such as data centres. Furthermore, they seek to exploit pricing inefficiencies likely caused by central bank policy uncertainty.
Normaly, the Fund invests at least 80% of its investable assets (net assets plus any borrowings for investment purposes) in equity-related securities of real estate companies primarily real estate investment trusts (“REITs”) and other real estate securities. Such assets could include common stock, convertible securities, nonconvertible preferred stock, American Depositary Receipts (ADRs), warrants with rights that can be exercised to obtain stock as well as investments in various business ventures as well as similar securities.
Before investing, investors must carefully assess the objectives, risks, charges and expenses of their selected fund before making their selection. All this information can be found in its prospectus. Remember that investing involves risk, including possible principal loss. Over time the return and yield may fluctuate and share price volatility could occur; additional foreign currency risk exists with this investment strategy.
Investments in real estate securities may expose your fund to interest rate risk, market liquidity considerations and changes in interest rates that could negatively affect its portfolio value.
The scheme underlying this fund of funds is a diversified open ended fund of funds which invests indirectly in real estate investment trusts to meet the goal of producing income and providing capital appreciation opportunities for its investors. Morningstar has given it an average rating for its category; expense ratio 0.79 percent; below-average risk factor making it suitable for long term investing horizons;
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