Featured:
United Real Estate Invest Pl-W
Fund Price: $12.53 (as at February 9, 2010) 1-day chg: $.03 0.24% YTD: -7.12%
Returns as at January 31, 2010
| Fund | Group Avg | Index* | |
|---|---|---|---|
| 1 Month | -5.19% | -3.60% | -1.10% |
| 3 Months | -1.39% | 0.99% | 6.73% |
| 6 Months | 11.12% | 12.27% | 16.08% |
| 1 Year | 31.05% | 32.54% | 39.38% |
| 2 Year Avg | -9.91% | -13.19% | -10.96% |
| 3 Year Avg | -17.98% | -15.27% | -14.93% |
| 5 Year Avg | -0.62% | 1.70% | -1.28% |
| 10 Year Avg | 6.67% | 8.05% | 6.85% |
| 15 Year Avg | - | - | - |
| 20 Year Avg | - | - | - |
| Since Inception | 6.61% | - | - |
| 2009 | 17.82% | 22.56% | 37.17% |
| 2008 | -28.03% | -36.30% | -44.63% |
| 2007 | -25.65% | -16.96% | -13.11% |
| 3 year risk | 27.06 | 24.66 | 25.18 |
| 3 year beta | 0.78 | 0.81 | 1.00 |
*S&P/TSX Capped Real Estate Index
Growth of $10,000
Risk Measures as at January 31, 2010
Best/Worst 12 months (since inception)
| Best (ending Jan 07): | 43.16 |  |  |
| Worst (ending Mar 09): | -45.20 |  | |
Volatility meter (Based on 3 year standard deviation from Globefund.com)
Low
High Fund Objectives
The primary investment objective of the Real Estate Investment Pool is to provide an ongoing flow of current income and long-term capital appreciation primarily by investing throughout the world in a diversified portfolio of real estate investment trust units, equity securities and equity-related securities of those companies or entities in the real estate industry. Equity-related securities include convertible preferred shares, convertible debt obligations and warrants. Any change to the investment objectives must be approved by a majority of the votes cast by unitholders at a meeting called to consider the change.
Fund Facts
| Fund Sponsor: | United Financial Corporation |
| Managed by: | CI Investments Inc. |
| Fund Type: | MF Trust |
| Inception Date: | May 1996 |
| Asset Class: | Real Estate Equity |
| Quartile Rank: | 2 (3YR ending January 31, 2010) |
| Total Assets: | $210.5 million |
| Mgmt Exp. Ratio (MER): | 0.23% |
| Management Fee: | 2.50% |
| Load Type: | Optional |
- Globe 5-Star Rating:
- RRSP Eligible:
- Canadian
- Min. Invest (initial):
- $100,000
- Subsequent:
- $50
- Min. Invest (initial RRSP):
- $25,000
- Subsequent RRSP:
- $50
- Closed:
- No
- Restricted:
- Yes
- Restriction:
- (Min Initial Investment $100,000)
Asset Allocation December 31, 2009
Equity Sector Weightings December 31, 2009
Fund Geography December 31, 2009
Top Holdings as at December 31, 2009
| Symbol | Company Name | Sector | Geographic Area | Asset Type | % of Total Assets | Performance as at February 9, 2010 1 Year Performance (%) | |||
|---|---|---|---|---|---|---|---|---|---|
| - | Sun Hung Kai Properties Limite | Developers | Hong Kong | Stock | 5.16 | - | | | |
| SPG-N | Simon Property Group | Investment Companies and Funds | United States | Stock | 4.19 | 53.24 | | | |
| - | Westfield Group | Insurance | Australia | Stock | 3.69 | - | | | |
| - | Unibail-Rodamco | Insurance | France | Stock | 3.45 | - | | | |
| - | Mitsubishi Estate Company | Developers | Japan | Stock | 3.32 | - | | | |
| - | Mitsui Fudosan Company | Property Mgmnt & Investment | Japan | Stock | 2.74 | - | | | |
| PLD-N | Prologis | Investment Companies and Funds | United States | Stock | 2.66 | 30.13 | | | |
| PSA-N | Public Storage | Investment Companies and Funds | United States | Stock | 2.46 | 15.3 | | | |
| - | Stockland | Developers | Australia | Stock | 2.31 | - | | | |
| - | Capitaland Ltd. | Property Mgmnt & Investment | Singapore | Stock | 2.22 | - | | | |
Portfolio Manager(s)
Martin Cohen
Cohen & Steers Capital Management
Start Date: May, 1996
Fund Return: 6.62%
Also manages:United Real Estate Invest CC-A
View fund manager performance report
Robert Steers
Cohen & Steers Capital Management
Start Date: May, 1996
Fund Return: 6.62%
Also manages:United Real Estate Invest CC-A
View fund manager performance report
Scott Crowe
Cohen & Steers Capital Management
Start Date: June, 2006
Fund Return: -6.00%
Also manages:United Real Estate Invest CC-A
