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 powered by machine learning. 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 | $9,639,498* |
| 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 March 31, 2025.
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
$12.63
(As of June 05, 2025)
Series F Units
-
(As of December 31, 2024)
Manager Commentary
Quarterly Highlights - March 2025
- The Fund returned -0.4% on a net basis in March. The selloff in equity markets continued as investors braced for the announcement of reciprocal tariffs. Despite broad-based weakness, REITs exhibited relative resilience as the defensive nature of real estate assets provided stability during heightened uncertainty. The Fund mitigated most of the market’s downturn through dynamic beta management and market-neutral alpha strategies. We began the month with a lighter net beta exposure as a precautionary measure. The contractual nature of leases and predictable earnings in real estate offer transparency and stability, which is rare in the macro environment we currently face. The Fund will seek to increase beta exposure as market weakness presents buying opportunities.
The returns are based on Class F1 units, net return.