- What does MRASX invest in?
- This fund commits a significant portion of its capital to companies operating within the real estate sector. Specifically, at least 80% of its net assets, combined with any funds borrowed for investment purposes, will be allocated to the stocks of these real estate-focused enterprises. The Subadvisor has a clear definition for what qualifies a company as "principally engaged" in real estate: it must either generate a minimum of 50% of its revenue or profits from activities such as the ownership, construction, management, financing, or sale of residential, commercial, or industrial properties; or, alternatively, at least half of its total assets must be invested in these property types. It's important to note that this fund is classified as non-diversified.
- What is the expense ratio of MRASX?
- Cromwell CenterSquare Real Estate Fund - Institutional Class (MRASX) charges an expense ratio of 1.02%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is MRASX?
- Cromwell CenterSquare Real Estate Fund - Institutional Class (MRASX) is one share class of a fund that manages $82.1M across all of its share classes (MRESX 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 MRASX actively managed or an index fund?
- MRASX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MRASX's is 1.02%) in exchange for the discretion to over- or under-weight positions.
- When was MRASX launched?
- Cromwell CenterSquare Real Estate Fund - Institutional Class (MRASX) launched in February 2017 and is managed by the fund issuer.
- How has MRASX performed?
- MRASX'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.
