- What does GURIX invest in?
- The fund's objective is to achieve an overall total return, consisting of both growth in its capital value and consistent income generation. It typically commits a minimum of 80% of its assets – calculated as net assets plus any capital borrowed for investment purposes – to: (i) stock investments, both long and short positions, in companies primarily operating within the real estate sector, notably Real Estate Investment Trusts (REITs); and (ii) equity-related instruments, including individual shares, Exchange-Traded Funds (ETFs), and derivatives, all providing access to firms within the real estate industry.
- What is the expense ratio of GURIX?
- NAA Risk Managed Real Estate Fund Institutional Class (GURIX) charges an expense ratio of 1.29%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is GURIX?
- NAA Risk Managed Real Estate Fund Institutional Class (GURIX) is one share class of a fund that manages $179.2M across all of its share classes (GURAX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is GURIX actively managed or an index fund?
- GURIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (GURIX's is 1.29%) in exchange for the discretion to over- or under-weight positions.
- When was GURIX launched?
- NAA Risk Managed Real Estate Fund Institutional Class (GURIX) launched in March 2014 and is managed by the fund issuer.
- How has GURIX performed?
- GURIX'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.
