- What does REAI invest in?
- REAI aims to remove the restrictions of investing in non-traded REITs, such as low liquidity, high expenses, and gate provisions. The biggest differences between listed REITs and non-traded REITs are dividend distribution, capital formation, and how each invests. REAI actively manages a portfolio of 20-50 publicly traded REITs while aiming to provide similar risk and returns of non-traded REITs. Dividend distributions may be lower than those from non-traded REITs. However, the use of listed REITs may provide more safeguards to end investors. The funds assets will be allocated to resemble the geographic and thematic exposure of real estate private equity. Security selection and rebalancing decisions involve fundamental analysis. Up to 10% of the funds assets may be invested in mortgage-backed securities. Prior to Jan. 29, 2024, the fund was called Private Real Estate Strategy via Liquid REITs ETF with the ticker PRVT.
- What is the expense ratio of REAI?
- Intelligent Real Estate ETF (REAI) charges an expense ratio of 0.59%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is REAI?
- Intelligent Real Estate ETF (REAI) manages $1.0M 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 REAI actively managed or an index fund?
- REAI's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was REAI launched?
- Intelligent Real Estate ETF (REAI) launched in June 2023 and is managed by Armada ETF Advisors.
- How has REAI performed?
- REAI'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.
