The investment seeks long-term growth through a combination of capital appreciation and current income. The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in the equity securities of real estate companies. It is likely to maintain a significant portion of assets in real estate investment trusts (REITs). REITs pool money to invest in properties (equity REITs) or mortgages (mortgage REITs). The fund generally invests in equity REITs. It may also invest in foreign stocks in keeping with the fund's objectives.
Fund filings (PDF) »
David Lee (Started: Oct 31, 1997)
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Dubai International Financial Centre, PO Box 482023, The Gate, Level 15, Office 24