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 | $14,460,960* |
| 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 September 30, 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
$12.66
(As of October 28, 2025)
Series F Units
-
(As of December 31, 2024)
Series F1 Distribution History
2023
| Record Date | Monthly Dividend |
|---|
Series F Distribution History
2023
| Record Date | Monthly Dividend |
|---|
Manager Commentary
Quarterly Highlights - Q3 2025
- The Fund generated a return of 1.1% on a net basis during the quarter, underperforming relative to the benchmark. The primary driver of this underperformance was within the long-only component as the Fund had a large underweight exposure to the APAC region, particularly Japan which outperformed during the period. Exposure to certain active weight names in the U.S. and Germany that lagged due to a combination of sector specific, and company specific factors also contributed to the underperformance. Positive contributors to the long-only performance during the quarter included select holdings in the U.S. healthcare and commercial real estate broker sector. The U.S. dollar also appreciated against the Loonie during the quarter which resulted in losses for the Fund’s currency hedging.
The returns are based on Class F1 units, net return.