|
Time: 9 min 10 sec
* recorded 10/05/07
These comments were valid on the date the video was recorded. Markets move continuously. Ask your financial advisor for more up-to-date information. |
 |
Fund Highlights
Collaboration combined with broad and extensive experience
The fund is managed by our Real Estate investment team1—a specialized
group of real estate professionals led by Portfolio Manager, Ted Bigman.
Each team member has a different area of expertise, but all are involved in each
stage of the investment process.
Integrated top-down and bottom-up approach
Investment decisions for the fund combine top-down macroeconomic analysis
and sector allocation with rigorous bottom-up fundamental research. Central to
our approach is a focus on underlying commercial property values, or a
company’s true net asset value (NAV). Our top-down views are implemented
only when our bottom-up assessment of a company’s NAV supports it.
Portfolio Diversification
With a low correlation to other asset classes, investments in Real Estate can offset downturns in the performance of equities, fixed income and cash equivalents, while potentially enhancing return and reducing risk. 1 Team members may change without notice from time to time. |