REMS Real Estate Value Opportunity Fund Platform Shares

Frequently Asked Questions About HLPPX

What does HLPPX invest in?

This fund aims to achieve long-term capital appreciation and generate current income. It typically allocates a minimum of 80% of its net assets, supplemented by any capital borrowed for investment purposes, into equity securities of companies primarily involved in the real estate industry and other related real estate investments. The advisor defines a company as being principally engaged in the real estate sector if it either earns at least 50% of its revenues from the ownership, development, financing, management, or sale of commercial or residential real estate, or if at least 50% of its total assets are comprised of real estate or real estate-focused businesses.

What is the expense ratio of HLPPX?

REMS Real Estate Value Opportunity Fund Platform Shares (HLPPX) charges an expense ratio of 1.80%. This is the annual fee deducted from fund assets to cover management and operations.

How big is HLPPX?

REMS Real Estate Value Opportunity Fund Platform Shares (HLPPX) manages $11.7M 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 HLPPX actively managed or an index fund?

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

When was HLPPX launched?

REMS Real Estate Value Opportunity Fund Platform Shares (HLPPX) launched in December 2009 and is managed by the fund issuer.

How has HLPPX performed?

HLPPX'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.