Brookfield U.S. Listed Real Estate UCITS Fund

Overview

Objective and Strategy

The Fund seeks total return through growth of capital and current income. There can be no assurance that the Fund will achieve its investment objective.

Investment Policy

The Fund seeks to achieve its investment objective by investing primarily in real estate investment trusts (“REITs”) and other related securities (as further described below) issued by U.S. real estate companies. The Fund defines a real estate company to be any company listed or traded on a Recognised Market that (i) derives at least 50% of their revenues from the ownership, operation, development, construction, financing, management or sale of commercial, industrial or residential real estate and similar activities, or (ii) invests at least 50% of their assets in such real estate. Securities in which the Fund may invest include common equity shares and preferred equity shares of real estate companies, and also units of beneficial interest in real estate companies, such as REITs or Real Estate Operating Companies. The Fund may also invest up to 20% of its net assets in fixed income securities, including high yield securities, listed or traded on a Recognised Market. The Investment Manager and Sub-Investment Manager utilize a fundamental, bottom-up, value-based selection methodology, taking into account short-term considerations, such as temporary market mispricing, and long-term considerations, such as values of assets and cash flows. They take a balanced approach to investing, seeking to mitigate risk through diversification, credit analysis, economic analysis and review of sector and industry trends. The Investment Manager and Sub-Investment Manager use proprietary research to select individual securities that they believe can add value from income and/or the potential for capital appreciation. The proprietary research may include an assessment of a company's general financial condition, its competitive positioning and management strength, as well as industry characteristics. They may sell a security held by the Fund that becomes overvalued or no longer offers an attractive risk/reward profile. A security may also be sold due to changes in portfolio strategy or cash flow needs.

Real Estate Investment Trusts (REITs)

It is expected that a significant portion of the Fund may be invested in REITs listed or traded on a Recognised Market. REITs are companies that own interests in real estate or in real estate related loans or other interests, and their revenue primarily consists of rent derived from owned, income producing real estate properties and capital gains from the sale of such properties. A REIT in the U.S. is generally not taxed on income distributed to shareholders so long as it meets tax related requirements, including the requirement that it distribute substantially all of its taxable income to its shareholders. The Fund retains the ability to invest in real estate companies of any size market capitalization. The Fund does not invest in real estate directly.

Why Invest in the Brookfield U.S. Listed Real Estate UCITS Fund

An Opportunity to capitalize on the Income and growth potential of U.S. Real Estate Markets

The Manager believes that real estate securities offer a compelling way to access the income and growth potential of U.S. real estate markets, while relying on the liquidity, transparency and corporate governance found in publicly traded securities markets.

A Fund with Income and Growth Potential

REITs invest in commercial real estate, which comprises tangible assets such as land and buildings. Accordingly, their values tend to increase over time as replacement costs and rents rise, which can provide capital appreciation potential. Real estate companies with a REIT structure also tend to have dividend yields that are higher than stocks with similar risk profiles, since they are required to pay out a minimum of 90% of taxable income to shareholders.

A Tool for Enhancing Portfolio Diversification Potential

Since the performance of real estate securities is tied to the cash flows generated by commercial real estate properties, the securities that own these properties may perform differently from other asset classes. For this reason, an allocation to real estate securities may offer complementary diversification potential to a traditional portfolio concentrated in stocks and bonds.

A Distinctive Management Team with Specialized Expertise

The investment team of experienced analysts and portfolio managements employ a bottom-up, value-driven and fundamentally based process to identify the Fund’s holdings, which are diversified by property type and geography across U.S. markets.

KEY STATS
  • FUND TYPE

    UCITS

  • TICKER SYMBOL

  • NAV
  • CUSIP

  • INCEPTION DATE

  • TOTAL NET ASSETS

 

Management

Jason Baine

Managing Director, Portfolio Manager

Jason Baine has 21 years of experience and is a Portfolio Manager on the real estate investment team. He oversees and contributes to the portfolio construction process, including execution of buy/sell decisions, and has managed all real estate strategies since their inception. Prior to joining the firm in 2001, Jason was the Director of Business Development at Corrigo Incorporated and an analyst/trader at RREEF. He is a member of the National Association of Real Estate Investment Trusts (NAREIT). Jason earned a Bachelor of Arts degree from Georgetown University.

“We recognize that delivering superior returns in real estate can require contrarian thinking.”

Jason Baine

“We use a fundamental, bottom-up approach to invest where we see competitive advantages.”

Bernhard Krieg, CFA

Bernhard Krieg, CFA

Managing Director, Portfolio Manager

Bernhard Krieg has 19 years of experience and is a Portfolio Manager on the real estate investment team. He oversees and contributes to the portfolio construction process, including execution of buy/sell decisions. Prior to joining the firm in 2006, Bernhard was a Senior Vice President at Haven Funds and a Vice President at Security Capital. He holds the Chartered Financial Analyst® designation. Bernhard earned a Master of Business Administration degree from Texas A&M University and his undergraduate equivalent in Business Administration and Civil Engineering from the Technical University in Dresden, Germany.

“We recognize that delivering superior returns in real estate can require contrarian thinking.”

Jason Baine

“We use a fundamental, bottom-up approach to invest where we see competitive advantages.”

Bernhard Krieg, CFA

Pricing & Performance

Pricing Details
CURRENCY NAV DATE NAV PREVIOUS NAV CHANGE

CURRENCY

PREVIOUS NAV

Pricing Discount
MARKET PRICE MARKET PRICE DATE Previous Market Price PREMIUM / DISCOUNT

MARKET PRICE

MARKET PRICE DATE

MARKET PRICE CHANGE

PREMIUM OR DISCOUNT

Returns
CLASS PERFORMANCE DATE 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS INCEPTION

Literature & Filings

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Documents

Financial Reports

2016 Annual Report
2016 Semi-Annual Report
2015 Annual Report

Fact Sheets and Commentary

May 2017 Fact Sheet
May 2017 Market Commentary

Quarterly Reports

Q1 2017 Quarterly Report

Corporate Governance

Prospectus (English Version)
Addendum (German Version)
Addendum (UK Version)
Supplement to Prospectus
Brookfield Investment Funds UCITS plc Application Form
KIID (Class E) - English
KIID (Class E) - German
KIID (Class E) - Dutch
KIID (Class E) - French
KIID (Class E) - Italian
KIID (Class E) - Swedish
KIID (Class E) - Spanish
Memorandum & Articles of Association
Brookfield Investment Funds (UCITS) plc - Remuneration Policy

Tax Information

ADDI - Berechnung 2015
Equity Gains (AG KStG)
UK Reporting Fund Status (UKRFS) Report to Participants

Important Notice

This site and the materials herein contain information on registered funds offered outside the United States. It is for use by non-U.S. qualified institutional and professional investors or their advisors for informational purposes only and should be not be construed as an offer to sell, or a solicitation of an offer to buy, shares of any fund. Shares of the funds described are only offered pursuant to the current prospectus or offering document. The information is not directed at, nor is it intended for, distribution to, or use by, persons in any jurisdiction in which the funds are not authorized for distribution or in which the dissemination of information regarding the funds to such persons is not permitted.

DB5482
Brookfield U.S. Listed Real Estate UCITS Fund
BUSLREE
BUSLREE
Class E
USD
N/A
0
N/A
IE00B5VFS822
N/A
November 30, 2011
35.71
N/A
N/A
N/A
N/A
22.75 M
May 31, 2017
-1.91%
-4.98%
-2.30%
0.75%
2.23%
7.99%
10.21%
RMZ
MSCI U.S. REIT Total Return Index
N/A
May 31, 2017
-0.71%
-3.13%
0.08%
1.49%
6.49%
8.93%
10.41%
BUSLREQ
BUSLREQ
Class Q
JPY
N/A
0
N/A
IE00BSL7D069
N/A
January 13, 2015
831.23
N/A
N/A
N/A
N/A
3437.19 M
May 31, 2017
-2.68%
-6.03%
-7.30%
0.59%
N/A
N/A
-5.71%
RMZ
MSCI U.S. REIT Total Return Index
N/A
May 31, 2017
-0.71%
-3.13%
0.08%
1.49%
N/A
N/A
1.15%