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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 Date18-Jan-23
AUM$27,705,062*
Management Fee**

Series F - 1.00%

Series F1 - 0.90%

Fund ManagerHazelview Securities
DistributionsQuarterly
Minimum Investment$500 initially, $100 subsequent
RRSP EligibleYes


*As at March 31, 2026.

**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

$13.24

(As of April 28, 2026)

Series F Units

-

(As of December 31, 2024)

Series F1 Distribution History

2025

Record DateQuarterly 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 DateQuarterly Dividend
Q4 2025-
Q3 2025-
Q2 2025-
Q1 2025-

2024

Record Date Monthly Dividend

2023

Record Date Monthly Dividend

Manager Commentary

Quarterly Highlights - Q1 2026

 

  • The first quarter of 2026 was marked by a significant increase in commodity prices and equity market volatility driven by escalating geopolitical tensions in the Middle East and fears around AI disruption. Global REITs started the year off strong in January and February as investors gravitated towards asset heavy sectors viewed as less exposed to direct disruption from artificial intelligence applications. In March, an increase in geopolitical uncertainty from the U.S.-Iran conflict led to a 50%+ spike in the price of oil, ending the month over $100 per barrel. Higher oil and gas prices led to renewed fears of higher inflation resulting in rising bond yields with expectations for further central bank rate cuts being walked back. The combination of higher commodity prices, higher rates and concerns about the sustainability of global economic growth resulted in a selloff in equity markets in the month of March, causing REITs to retrace most of their gains for the year.

    The returns are based on Class F1 units, net return.

    Read the full commentary