Top Real Estate Funds

Top Real Estate Equity Funds

Today we are featuring top performing Real Estate equity mutual funds, which primarily invest in equity securities of real estate companies.

Investors can find such real estate funds by discovering the entire list of the Zacks #1 Rank Real Estate Equity Funds.

3 Great Real Estate Fund Picks

MSIF Inc. Euro Real Estate A (MSUAX) seeks to provide current income and long-term capital appreciation. It was incepted in October 1997.

The real estate fund invests primarily in equity securities of companies in the European real estate industry. This real estate mutual fund by and large invests at least 80% of its assets in equity securities of companies in the European real estate industry. This real estate fund is non-diversified.

Shareholders have to make a minimum initial investment of $5,000,000 to enter this Zacks #1 Rank (“Strong Buy”) fund. The real estate fund has an expense ratio of 0.90 %.

Theodore R. Bigman has been lead manager of this real estate mutual fund since January 1999. Before joining Morgan Stanley in 1995, Bigman was a portfolio manager with CS First Boston, where he established and managed the company’s real-estate effort.

DWS RREEF Real Estate Sec A (RRRAX) was incepted in September 2002. The real estate fund’s investment objective is long-term capital appreciation and current income.

The real estate fund invests primarily in real estate securities. The real estate fund usually intends to keep at least 80% of its net assets invested in equity securities of real estate investment trusts (‘REITs’) and companies. Equity securities include common stock, preferred stock and securities convertible into common stock.

This real estate fund has an expense ratio of 1.11%. As of September 2009, it has a portfolio turnover of 140%.

John F. Robertson has been lead manager of this real estate mutual fund since December 1999. Before joining RREEF, where he is CEO of the global real estate securities business, Robertson was with Lincoln Investment Management, Inc.

Forward Select Income A (KIFAX) seeks high current income and potential for modest long-term growth of capital. It was incepted in March 2001.

This real estate fund invests primarily in securities of companies in the real estate industry, such as real estate investment trusts, master limited partnerships and other real estate firms. It invests at least 80% of its net assets in income-producing securities. The real estate fund may invest in common stock, rights and warrants to purchase securities and limited partnership interests to the extent the fund deems appropriate.

This real estate fund has an expense ratio of 1.77% As of September 2009, it has a portfolio turnover of 160%.

Joel S. Beam has been lead manager of this real estate fund since March 2001. Before joining Kensington in 1995 as a senior analyst, Beam was with Liquidity Financial Advisors, Inc.

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By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward.