NAA Risk Managed Real Estate Fund Class A

Frequently Asked Questions About GURAX

What does GURAX invest in?

The fund generally allocates a minimum of 80% of its total assets—which includes both its net assets and any capital obtained through borrowing for investment purposes—into investments targeting the real estate industry. These investments comprise two categories: (i) equity holdings, both long and short positions, in companies whose primary business is real estate, exemplified by Real Estate Investment Trusts (REITs); and (ii) other instruments designed to provide equity-like exposure to real estate entities, such as individual stocks, Exchange-Traded Funds (ETFs), and various derivatives.

What is the expense ratio of GURAX?

NAA Risk Managed Real Estate Fund Class A (GURAX) charges an expense ratio of 1.66%. This is the annual fee deducted from fund assets to cover management and operations.

How big is GURAX?

NAA Risk Managed Real Estate Fund Class A (GURAX) manages $196.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is GURAX actively managed or an index fund?

GURAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was GURAX launched?

NAA Risk Managed Real Estate Fund Class A (GURAX) launched in March 2014 and is managed by the fund issuer.

How has GURAX performed?

GURAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.