Comments for NGREX
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Comments for NGREX
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Barrons
NGREX is pegged to the FTSE EPRA/Nareit Global Real Estate index. The index covers 320 stocks, and NGREX, which touts itself as the first fund indexed to the global real-estate market, includes about 95% to 99% of them at any one time. Its holdings are roughly 30% Asian, 50% North American and 20% European, with REITs accounting for about 65% of its portfolio. As of May 30, the fund had net assets of $872 million and had achieved a year-to-date return of 5.8%. Admission is reasonable: The minimum investment is $2,500.
Love
June 02, 2007