Investment Opportunities
Hazelview
Alternative Real Estate Fund
Overview
Hazelview Alternative Real Estate Fund (the “Fund”) is a liquid alternative designed to meet the demand for liquid real estate while prioritizing reduced volatility, drawdowns and capital preservation.
The Fund utilizes the Liquid Alternative framework, leverages various financial tools including derivatives and fixed-income securities capitalize on pricing inefficiencies across long and short positions, and incorporates dynamic beta management to retain upside capture in bull markets while limiting downside in bear markets.
Investment Approach
Our methodology merges fundamental research with quantitative analysis. Company fundamentals, market trends, and economic indicators are analyzed while leveraging advanced algorithms to uncover hidden insights and optimize portfolio construction.
Long Only (“LO”): Bread-and-butter process that generates superior return on top of market beta
Uncorrelated Alpha (“UA”): Overlay of diverse trading strategies that can produce alpha in both up and down markets
Dynamic Beta Model: Shifts capital allocation between “LO” and “UA” based on best risk-adjusted upside
Key Facts
| Fund Codes | Series F - HZI 254 Seres F1 - HZI 253 |
|---|---|
| Inception Date | 18-Jan-23 |
| AUM | $22,017,968* |
| Management Fee** | Series F - 1.00% Series F1 - 0.90% |
| Fund Manager | Hazelview Securities |
| Distributions | Quarterly |
| Minimum Investment | $500 initially, $100 subsequent |
| RRSP Eligible | Yes |
*As at December 31, 2025.
**Effective as of October 1, 2025 (the “Effective Date”) until such time as the Fund’s NAV equals to $30,000,000 or more, the management fee for all series of units of the Fund is reduced from 2% to 0% (the “Two-Year Management Fee Distribution”). The Two-Year Management Fee Distribution is effective: (i) for existing investors in the Fund, for a period beginning on the Effective Date and ending on October 1, 2027; and (ii) for new investors in the Fund, for a period beginning on the date the applicable Unit(s) of the Fund were purchased and ending on the date that is two years after this date. Please refer to the prospectus amendment for more information. Learn more here: Hazelview Securities Inc. Announces Management Fee Reduction for Hazelview Alternative Real Estate Fund
Global Real Estate Securities investments are managed by Hazelview Securities.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently past performance may not be repeated.
Net Asset Value/Unit
Series F1 Units
$12.62
(As of April 02, 2026)
Series F Units
-
(As of December 31, 2024)
Series F1 Distribution History
2025
| Record Date | Quarterly Dividend |
|---|---|
| Q4 2025 | $0.1263 |
| Q3 2025 | - |
| Q2 2025 | - |
| Q1 2025 | - |
2024
| Record Date | Monthly Dividend |
|---|
2023
| Record Date | Monthly Dividend |
|---|
Series F Distribution History
2025
| Record Date | Quarterly Dividend |
|---|---|
| Q4 2025 | - |
| Q3 2025 | - |
| Q2 2025 | - |
| Q1 2025 | - |
2024
| Record Date | Monthly Dividend |
|---|
2023
| Record Date | Monthly Dividend |
|---|
Manager Commentary
Quarterly Highlights - Q4 2025
- In 2025, global REIT performance reflected a year defined by macro volatility, shifting investor sentiment, and meaningful divergence in global monetary policy. Early in the year, the combination of heightened trade and policy uncertainty weighed on valuations, despite generally resilient real estate fundamentals. As the year progressed, trade headwinds began to ease and monetary policy became more accommodative across most major economies, supporting an improvement in financial conditions and a rebound in REIT performance during the third quarter. Momentum extended into the early part of the fourth quarter following initial rate cuts by the Federal Reserve, though renewed uncertainty around the pace and durability of future easing led to a modest pullback toward year-end.
The returns are based on Class F1 units, net return.