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Globe Investor

Fund Price: $11.61 (as at May 24, 2013)  1-day chg: $0 0.00%  YTD: 11.85%

Returns as at April 30, 2013

  Fund Group Avg Index*
1 Month 5.05% 4.47% 5.50%
3 Months 9.93% 8.34% 6.37%
6 Months 19.82% 15.19% 10.23%
1 Year 25.93% 20.09% 12.38%
2 Year Avg 12.04% 10.80% 9.22%
3 Year Avg 11.28% 12.11% 13.53%
4 Year Avg 15.62% 17.66% 22.72%
5 Year Avg - 1.46% 4.73%
10 Year Avg - 8.20% 8.35%
15 Year Avg - 7.45% 5.06%
20 Year Avg - - -
Since Inception 3.68% - -
 
2012 23.13% 19.65% 15.19%
2011 -8.96% -3.42% 3.77%
2010 10.90% 15.22% 24.37%
 
3 year risk 12.95 13.22 8.25
3 year beta 1.10 1.06 1.00

*S&P/TSX Capped Real Estate Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the S&P/TSX Capped Real Estate Index.

Risk Measures as at April 30, 2013

Best/Worst 12 months (since inception)
Best (ending Feb 10): 52.85 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Aug 09): -21.90 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 13 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: August 2008
Asset Class: Real Estate Equity
Quartile Rank: 3 (3YR ending April 30, 2013)
Total Assets: $102.4 million
Mgmt Exp. Ratio (MER): 2.56%
Management Fee: 2.10%
Load Type: Optional
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$250,000
Subsequent:
$50
Min. Invest (initial RRSP):
$250,000
Subsequent RRSP:
$50
Closed:
No
Restricted:
Yes
Restriction:
(Min Initial Investment $250,000)
 
 

Asset Allocation April 30, 2013

Equity Sector Weightings April 30, 2013

Fund Geography April 30, 2013

Top Holdings as at April 30, 2013

Symbol Company Name Sector Geographic
Area		 Asset
Type		 % of
Total Assets		   Performance as at May 24, 2013
1 Year Performance (%)
SPG-N Simon Property Group Investment Companies and Funds United States Stock 5.89   17.07 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Mitsui Fudosan Company Property Mgmnt & Investment Japan Stock 4.15   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Mitsubishi Estate Company Developers Japan Stock 4.02   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
VTR-N Ventas Inc. Investment Companies and Funds United States Stock 2.87   31.65 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Sun Hung Kai Properties Limite Developers Hong Kong Stock 2.5   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
PLD-N Prologis, Inc. Investment Companies and Funds United States Stock 2.46   33.57 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Unibail-Rodamco Insurance France Stock 2.25   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Hongkong Land Holdings Ltd. Developers Bermuda Stock 2.12   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
AP.UN-T Allied Properties REIT Property Mgmnt & Investment Canada Stock 2.08   19.44 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Charter Hall Retail REIT Investment Companies and Funds Australia Stock 2.07   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Portfolio Manager(s)

Robert Steers

Cohen & Steers Capital Management

Start Date: August, 2008

Fund Return: 8.67%

Robert Steers is co-chairman and co-chief executive officer of Cohen & Steers, Inc., a New York Stock Exchange listed company (CNS). Established in 1986, the firm is a leading global investment manager specializing in real estate securities, listed infrastructure, large cap value and preferred-equity portfolios. It also offers alternative investment strategies such as hedged real estate securities portfolios and private real estate multimanager strategies. The firm serves institutional and individual investors through a wide range of institutional separate accounts, open-end and closed-end funds. Based in New York City, CNS also has offices in Seattle, Brussels, London and Hong Kong. From 1984 to 1986, Mr. Steers was a senior vice president and chief investment officer of National Securities and Research Corporation where he chaired both the Investment Policy and the Stock Selection Committees. In 1985, while at National Securities, he organized and launched the nation's first real estate securities mutual fund. Mr. Steers serves on the board of the European Public Real Estate Association (EPRA). In addition, he is a trustee of Georgetown University and chairs the McDonough School of Business Advisory Board. Mr. Steers holds a Bachelor of Science degree from Georgetown University and MBA degree from George Washington University. He has four children and lives in Rye, New York, with his wife Lauren.

Also manages:United Real Estate Invest CC-A

View fund manager performance report

Martin Cohen

Cohen & Steers Capital Management

Start Date: August, 2008

Fund Return: 8.67%

Martin Cohen is co-chairman and co-chief executive officer of Cohen & Steers, Inc. Established in 1986, the firm is a leading global investment manager specializing in REITs, large cap value and listed infrastructure portfolios. It serves individual and institutional investors through a wide range of open-end funds, closed-end funds and separate accounts. Cohen & Steers is a New York Stock Exchange listed company with offices in New York, Seattle, Brussels, London and Hong Kong. Mr. Cohen is considered to be one of the nation's leading experts in real estate securities investment. In 1980, while a vice president at Citibank, he organized and managed the Citibank Real Estate Stock Fund for that bank's pension clients. In 1985, while a senior vice president at National Securities and Research Corporation, he and Robert Steers organized and managed the nation's first real estate securities mutual fund. He is often quoted and lectures frequently on the subject of investing in real estate securities. In 2001, he was the recipient of the National Association of Real Estate Investment Trusts Industry Achievement Award. Mr. Cohen received a Bachelor of Science degree from the City College of New York and worked as a biochemist before attending New York University where he earned his MBA degree. He lives in New York City and plays classical guitar in his limited spare time.

Also manages:United Real Estate Invest CC-A

View fund manager performance report