Real Estate Equity Index

As of September 25, 2009, of all Canadian Mutual Fund Indices - The Real Estate Equity Index has the highest 3 month return. An impressive 18.4% return with the Global Small/Mid Cap Equity Index coming second at 16.5%.

I realize the majority of Fund's holding are real estate equities held outside of Canada. These returns do not directly reflect the Canadian market. That said, it is nice to see the Real Estate Market coming back strong on an International level. One can have confidence that the Canadian market will tail the international market.

Real Estate Equity Index (Sept. 25, 2009)

3 month return

Source: Morningstar Canada