I was looking at the Morningstar's Top 10 Funds Ranked by 3 Month Return % and noticed there was actually a Real Estate Fund in the 9th and 10th position. Fidelity Global Real Estate Fund posted a 3 month rate of return of 32% and a YTD of 20.7%
Looking deeper. About 60% of the fund is in International Equities. Geographically, Fidelity is betting heavy in Asia with 50% of the fund committed to this region. This compared to a 2.5% exposure in Canada. (ouch)
Looks like the better deals are across the pond.
Morningstar
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment