Top 5 Best Performing Real Estate Mutual Funds Year to Date - Highest Yielding Zacks #1 Ranked Funds
February 27 2013 - 12:18PM
Zacks
For investors looking to park their funds in the real estate
sector, mutual funds are the most cheapest and convenient method.
This category of funds also offers superior protection against
inflation. The real estate sector has seen tough times recently but
the presence of these investments generally adds stability to a
portfolio. This is because the volatility in property prices is far
less compared to the kind experienced by stocks. Adding such funds
to a widely diversified portfolio would increase returns while
reducing the associated risk significantly.
Below we will share with you the 5 best performing real estate
mutual funds year to date. To view the Zacks Rank and past
performance of all real estate funds, investors can click here to
see the complete list of funds.
ProFunds Real Estate UltraSector (REPSX) seeks to provide
returns which are equivalent to one and a half times the daily
performance of the Dow Jones U.S. Real Estate Index. The fund’s
portfolio consists of equity securities and derivatives which have
the ability to deliver such returns. The real-estate mutual fund
has a one year annualized return of 20.31%.
Hratch Najarian is the Fund Manager and he has been managing
this real estate mutual fund since 2011.
Forward International Real Estate A (KIRAX) invests the
majority of its assets in foreign equity securities issued by
companies from the real estate sector and those engaged in related
activities. The fund invests in a minimum of three countries. The
real-estate mutual fund has a one year annualized return of
51.04%.
The real estate mutual fund has an expense ratio of 1.65%
compared to a category average of 1.46%.
CGM Realty (CGMRX) seeks a mix of capital growth over the
long term and current income. The fund primarily invests in
companies in the real estate sector. Up to 20% of its assets may be
used to purchase securities from other sectors. The real-estate
mutual fund has a one year annualized return of 6.80%.
As of September 2012, this real-estate mutual fund held 27
issues, with 9.93% of its total assets invested in Simon Property
Group Inc.
Rydex Real Estate A (RYREX) invests the majority of its
assets in securities issued by companies from the real estate
sector. It focuses mainly on small and medium market capitalization
firms. The fund may also invest in derivatives and in American
Depository Receipts (ADRs). The real-estate mutual fund has a one
year annualized return of 15.16%.
Ryan A. Harder is the Fund Manager and he has been managing this
real estate mutual fund since 2008.
Cohen & Steers Emerging Markets Real Estate A (AFPAX)
seeks total return. The fund invests heavily in real estate
investment trusts, similar institutions and real estate companies.
It focuses on acquiring emerging market securities and instruments
with similar economic features. The real-estate mutual fund has a
one year annualized return of 28.73%.
The real estate mutual fund has an expense ratio of 1.80%
compared to a category average of 1.46%.
To view the Zacks Rank and past performance of all real estate
mutual funds, investors can click here to see the complete list of
funds.
About Zacks Mutual Fund Rank
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. Learn more about the Zacks
Mutual Fund Rank.
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