Brookfield Real Assets Securities Fund seeks total return, which is targeted to be in excess of inflation, through growth of capital and current income.
The Fund seeks to achieve its investment objective by investing in the "real assets" asset class, which includes the following categories:
- Real Estate Securities
- Infrastructure Securities; and
- Natural Resources Securities (collectively, "Real Asset Securities")
Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in Real Asset Securities (the “80% Policy”). The Fund may purchase both equity and fixed income securities. The Fund actively trades portfolio securities. The Fund may invest in securities of companies or issuers of any size market capitalization. The Fund will invest in companies or issuers located throughout the world and there is no limitation on the Fund’s investments in foreign securities or in emerging markets.
Notice regarding 1099-DIV
The Brookfield Global Listed Infrastructure, Brookfield Global Listed Real Estate, Brookfield US Listed Real Estate and Brookfield Real Assets Securities Funds (The Brookfield Funds) will mail tax form statements (1099-DIV) on a delayed basis. The Brookfield Funds invest in Master Limited Partnerships (MLPs) and real estate investment trusts (REITs), and even though the Brookfield Funds identify the total amount of distributions received from those investments throughout the tax year, the Funds cannot accurately identify the tax character of these distributions, due to certain tax adjustments, until form K-1 and 1099 information is received from Funds’ MLP and REIT investments and the Fund can appropriately characterize the income from these investments. The Funds will seek to provide forms 1099-DIV to investors as soon as possible.
For the reasons outlined above, the Brookfield Funds requested an extension from the Internal Revenue Service to mail forms 1099-DIV through March 15th, 2017, however anticipate mailing in advance of that date in late February.
Why Invest in the Brookfield Real Assets Securities Fund
A Fund that Approaches Multiple Investment Objectives
Investors often turn to real assets as a means of preserving purchasing power against the eroding effects of inflation. While inflation protection is an important consideration, the investment team balances this objective with the potential to achieve income and capital appreciation.
The Income and Growth Potential of Real-Asset-Related Securities
As the backbone of the global economy, real assets are all subject to long-cycle fundamental growth drivers such as population growth, urbanization trends and periodic supply constraints. These megatrends, in turn, can potentially drive the cash-flow and asset-value growth of investments in real assets.
The cash flows of some real-asset classes, such as real estate and infrastructure, are generated from contracted or regulated revenues. Accordingly, these types of companies have the potential to generate steady and enduring streams of income. The Manager also allocates a portion of assets to the debt securities of real-asset-related companies, based on the view that some of the same investment characteristics found in the equities of these companies also flow through their debt securities.
The Flexibility to Make Tactical Shifts in Asset Allocation
The Manager may also allocate to other real asset classes deemed to be more opportunistic in nature. For example, such allocations could include natural resource equities, commodities and TIPS, which all tend to have a positive sensitivity to changes in inflation. among sectors offers the potential to capitalize on event-driven market conditions or evolving macroeconomic trends.
A Distinctive Investment Team with Specialized Expertise
The Fund harnesses the collective expertise of Brookfield’s dedicated investment management teams to select the Fund’s holdings in publicly traded real assets, primarily focused on real estate, infrastructure and real asset debt securities. Each team employs a bottom-up, value-driven and fundamentally based investment processes, while a dedicated asset allocation team manages the process of weighting the individual asset-class components.
Cash flows refer to the amount of cash generated and used by a company over a given period.
Shareholder Account Information – Initial Sales Charge (Class A Shares Only)
The sales charge is imposed on Class A Shares of a Fund at the time of purchase in accordance with the following schedule:
|Amount of Investment
||Sales Charge as % of the Offering Price*
||Sales Charge as % of Amount Invested
||Reallowance to Broker-Dealers
|Less than $50,000
|$50,000 but under $100,000
|$100,000 but under $250,000
|$250,000 but under $500,000
|$500,000 but under $1 million
|$1 million or more
* Includes front-end sales load.
No sales charge is imposed on reinvestment of distributions selected in advance of the distributions.
Breakpoints or Volume Discounts
Each Fund offers you the benefit of discounts on the sales charges that apply to purchases of Class A Shares in certain circumstances. These discounts, which are also known as breakpoints, can reduce or, in some instances, eliminate the initial sales charges that would otherwise apply to your investment in Class A Shares. Mutual funds are not required to offer breakpoints and different mutual fund groups may offer different types of breakpoints.
Breakpoints or Volume Discounts allow larger investments in Class A Shares to be charged lower sales charges. If you invest $50,000 or more in Class A Shares of a Fund, then you are eligible for a reduced sales charge. Initial sales charges are eliminated completely for purchases of $1,000,000 or more, although a 1% CDSC may apply if shares are redeemed within eighteen months after purchase.