- What does LPRE invest in?
- LPRE seeks total return through an actively managed, concentrated portfolio of 25 real estate companies from around the world. The portfolio includes firms that: a) generate at least 50% of their revenue from real estate related activities such as leasing, renting, management, construction, financing or sale, b) are organized as REITs or REIT-like entities, and c) provide goods and services to real estate industry participants. The sub-adviser employs an investment process that identifies value compounders and/or secular winners in the broad real estate industry by actively monitoring and evaluating fundamentals, supply and demand outlooks, asset and management quality, capital allocation, balance sheet strength, and valuation. The fund may invest in shares of other investment companies, including ETFs, temporarily hold cash or cash equivalents, borrow for investment purposes, and incorporate certain tax optimization strategies. Note that this may result in high portfolio turnover.
- What is the expense ratio of LPRE?
- Long Pond Real Estate Select ETF (LPRE) charges an expense ratio of 1.00%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is LPRE?
- Long Pond Real Estate Select ETF (LPRE) manages $150.1M 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 LPRE actively managed or an index fund?
- LPRE is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (LPRE's is 1.00%) in exchange for the discretion to over- or under-weight positions.
- When was LPRE launched?
- Long Pond Real Estate Select ETF (LPRE) launched in April 2025 and is managed by Long Pond.
- How has LPRE performed?
- LPRE'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.
