Portfolio Summary
Global Real Estate Fund
Quarterly Summary of Investment Portfolio as of March 31, 2025
Net Asset Value (NAV)
$95,431,698
| Portfolio Allocation By Sector | % of NAV |
|---|---|
| Industrial | 14.6 |
| Healthcare | 12.3 |
| Multifamily | 11.9 |
| Technology REITS | 10.8 |
| Diversified | 10.3 |
| Single Family Rental / MHC | 8.2 |
| Hotel | 7.3 |
| Specialty / Triple Net Lease | 6.6 |
| Office | 4.6 |
| Self Storage | 4.2 |
| Shopping Centre | 3.5 |
| Homebuilder | 2.6 |
| Regional Mall | 2.1 |
| Cash & Other | 0.9 |
| Portfolio Allocation
By Region | % of NAV |
|---|---|
| United States | 61.8 |
| Japan | 7.2 |
| Germany | 6.2 |
| Australia | 6.1 |
| Canada | 4.8 |
| United Kingdom | 3.2 |
| Singapore | 2.4 |
| Netherlands | 2.3 |
| Ireland | 2.1 |
| Belgium | 1.4 |
| Spain | 1.1 |
| Norway | 0.6 |
| Cash & Other | 0.9 |
| Portfolio Allocation By Asset Class | % of NAV |
|---|---|
| Common Equity | 93.2 |
| Bond | 3.3 |
| Direct | 2.7 |
| Cash and Cash Eqv | 0.9 |
| 25 Top Investments | Asset Class | Country | % of NAV |
|---|---|---|---|
| Prologis | Common Equity | United States | 6.6 |
| Sonida Senior Living | Common Equity | United States | 5.1 |
| Equinix | Common Equity | United States | 5.1 |
| Ventas | Common Equity | United States | 4.4 |
| Public Storage | Common Equity | United States | 4.2 |
| Invitation Homes | Common Equity | United States | 3.8 |
| Camden Property Trust | Common Equity | United States | 3.7 |
| Regency Centers Corp | Common Equity | United States | 3.5 |
| Vonovia | Common Equity | Germany | 3.5 |
| Japan Hotel | Common Equity | Japan | 3.4 |
| American Tower Corporation | Common Equity | United States | 3.3 |
| Agree Realty Corp | Common Equity | United States | 3.3 |
| Chartwell Retirement Residences | Common Equity | Canada | 2.8 |
| VICI Properties Inc | Common Equity | United States | 2.8 |
| CBRE Group Inc | Common Equity | United States | 2.7 |
| Tokyu Fudosan | Common Equity | Japan | 2.7 |
| KSLK Trust Corp (2nd Loan) | Bond | Germany | 2.7 |
| Ingenia Communities | Common Equity | Australia | 2.6 |
| Veris Residential | Common Equity | United States | 2.6 |
| First Industrial Realty Trust | Common Equity | United States | 2.5 |
| Digital Realty Trust | Common Equity | United States | 2.4 |
| CapitaLand India Trust | Common Equity | Singapore | 2.4 |
| CTP | Common Equity | Netherlands | 2.3 |
| Great Portland Estates | Common Equity | United Kingdom | 2.3 |
| Macerich | Common Equity | United States | 2.1 |
| Top 25 Investments Asset Class Country % of NAV | Prologis Common Equity United States 6.6 |
| Top 25 Investments Asset Class Country % of NAV | Sonida Senior Living Common Equity United States 5.1 |
| Top 25 Investments Asset Class Country % of NAV | Equinix Common Equity United States 5.1 |
| Top 25 Investments Asset Class Country % of NAV | Ventas Common Equity United States 4.4 |
| Top 25 Investments Asset Class Country % of NAV | Public Storage Common Equity United States 4.2 |
| Top 25 Investments Asset Class Country % of NAV | Invitation Homes Common Equity United States 3.8 |
| Top 25 Investments Asset Class Country % of NAV | Camden Property Trust Common Equity United States 3.7 |
| Top 25 Investments Asset Class Country % of NAV | Regency Centers Corp Common Equity United States 3.5 |
| Top 25 Investments Asset Class Country % of NAV | Vonovia Common Equity Germany 3.5 |
| Top 25 Investments Asset Class Country % of NAV | Japan Hotel Common Equity Japan 3.4 |
| Top 25 Investments Asset Class Country % of NAV | American Tower Corporation Common Equity United States 3.3 |
| Top 25 Investments Asset Class Country % of NAV | Agree Realty Corp Common Equity United States 3.3 |
| Top 25 Investments Asset Class Country % of NAV | Chartwell Retirement Residences Common Equity Canada 2.8 |
| Top 25 Investments Asset Class Country % of NAV | VICI Properties Inc Common Equity United States 2.8 |
| Top 25 Investments Asset Class Country % of NAV | CBRE Group Inc Common Equity United States 2.7 |
| Top 25 Investments Asset Class Country % of NAV | Tokyu Fudosan Common Equity Japan 2.7 |
| Top 25 Investments Asset Class Country % of NAV | KSLK Trust Corp (2nd Loan) Bond Germany 2.7 |
| Top 25 Investments Asset Class Country % of NAV | Ingenia Communities Common Equity Australia 2.6 |
| Top 25 Investments Asset Class Country % of NAV | Veris Residential Common Equity United States 2.6 |
| Top 25 Investments Asset Class Country % of NAV | First Industrial Realty Trust Common Equity United States 2.5 |
| Top 25 Investments Asset Class Country % of NAV | Digital Realty Trust Common Equity United States 2.4 |
| Top 25 Investments Asset Class Country % of NAV | CapitaLand India Trust Common Equity Singapore 2.4 |
| Top 25 Investments Asset Class Country % of NAV | CTP Common Equity Netherlands 2.3 |
| Top 25 Investments Asset Class Country % of NAV | Great Portland Estates Common Equity United Kingdom 2.3 |
| Top 25 Investments Asset Class Country % of NAV | Macerich Common Equity United States 2.1 |
* The Summary of Investment Portfolio may change due to ongoing portfolio transactions of the Fund and a quarterly update is available.
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 and past performance may not be repeated. The Summary of Investment Portfolio may change due to ongoing portfolio transactions of the Fund. These materials are not to be distributed, reproduced or communicated to a third party without the express prior written consent of Hazelview Securities Inc.