Brookfield U.S. Listed Real Estate Fund

Overview

Investment Objectives

Brookfield U.S. Listed Real Estate Fund seeks total return through growth of capital and current income. The Fund seeks to achieve its investment objective by investing primarily in real estate investment trusts (“REITs”) and other securities in the real estate industry. Under normal market conditions, the Fund will attempt to achieve its investment objective by investing, as a principal strategy, at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in publicly traded equity securities of real estate companies listed on a domestic stock exchange (the “80% Policy”). The Fund may also invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in fixed income securities, including below-investment grade rated securities.

The Fund defines a real estate company as any company that (i) derives at least 50% of its 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 its assets in such real estate.

For purposes of selecting investments, the Fund defines the real estate industry broadly. It includes, but is not limited to, the following:

  • REITs;
  • real estate operating companies;
  • brokers, developers, and builders of residential, commercial, and industrial properties;
  • property management firms;
  • finance, mortgage, and mortgage servicing firms;
  • construction supply and equipment manufacturing companies; and
  • firms dependent on real estate holdings for revenues and profits, including lodging, leisure, timber, mining, and agriculture companies.

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 U.S. Listed Real Estate 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. Their values have shown the ability to increase over time as replacement costs and rents rise, which can lead to attractive income and capital appreciation potential.

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.

Diversification does not guarantee a profit or protect from loss in a declining market.

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 4.75% 4.99% 4.75%
$50,000 but under $100,000 4.25% 4.44% 4.25%
$100,000 but under $250,000 3.50% 3.63% 3.50%
$250,000 but under $500,000 2.50% 2.56% 2.50%
$500,000 but under $1 million 2.00% 2.04% 2.00%
$1 million or more None None None

* 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.

KEY STATS
  • FUND TYPE

    U.S. Mutual Funds

  • 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

Class A has a gross expense ratio of 1.78% and a net expense ratio of 1.20%. Class C has a gross expense ratio of 2.53% and a net expense ratio of 1.95%. Class Y has a gross expense ratio of 1.53% and a net expense ratio of 0.95%. Class I has a gross expense ratio of 1.53% and a net expense ratio of 0.95%. As reflected in the Fund's current prospectus and assuming a full year of fund operations. The advisor has contractually agreed to waive fees and/or reimburse fund expenses through May 1, 2017. There is no guarantee that such waiver/reimbursement will be continued after that date.

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 855.244.4859. Performance shown including sales charge reflects the Class A maximum sales charge of 4.75% and the Class C Contingent Deferred Sales Charge (CDSC) of 1.00%. Performance data excluding sales charge does not reflect the deduction of the sales charge or CDSC and if reflected, the sales charge or fee would reduce the performance quoted. Investment performance reflects fee waivers, expenses and reimbursements in effect. In the absence of such waivers, total return and NAV would be reduced.

Literature & Filings

Register for email alerts.

Documents

Financial Reports

2016 Semi-Annual Report
2015 Annual Report
2016 Annual Report

Fact Sheets and Commentary

June 2017 Fact Sheet (A, C, Y Share Class)
June 2017 Fact Sheet (I Share Class)
Q2 2017 Quarterly Report (A, C, Y Share Class)
Q2 2017 Quarterly Report (I Share Class)

Fund Holdings

Holdings as of March 31, 2017

Corporate Governance

Fund Documents
Statutory Prospectus
Summary Prospectus
Statement of Additional Information
XBRL Risk/Return Summary
Brookfield Investment Funds - Supplement (April 10, 2017)
New Account Application
Form 8937 - Year ended December 31, 2016
Audit Committee Charter
Distribution Policy - Frequently Asked Questions
2015 Tax Information

Other

Edgar
Brookfield Investment Funds - Section 19A Notice June 2017
Brookfield U.S. and Global Listed Real Estate Funds Q1 2017 Update Replay
Brookfield Investment Funds Announce Portfolio Manager Update Webcasts
Brookfield Investment Funds Announce Portfolio Manager Update Call
SEC Filings

© 2016 Brookfield Investment Management Inc. All rights reserved. Quasar Distributors, LLC is the distributor of Brookfield Investment Funds and Brookfield Investment Management Inc. is the Investment Advisor. Brookfield Investment Funds are offered and sold only to persons residing in the United States and are offered by prospectus (A, C, Y and I Share Classes) only. The prospectuses include investment objectives, risks, fees, charges, expenses, and other information that you should read and consider carefully before investing.

Important Notice

This site and the materials herein are directed only to certain types of investors and to persons in jurisdictions where the funds is authorized for distribution. In order to access these materials, you must confirm that you are a United States Person:

All investors should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. The prospectus and, if available, a summary prospectus, contain this and other information about the Fund. All investors are urged to carefully read the prospectus and, if available, the summary prospectus, in its entirety before investing.

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance data quoted. For more information about a fund, click on the prospectus or summary prospectus link above.

Past performance is not necessarily indicative of future results. There can be no assurance the Fund will achieve its objectives or avoid significant losses.

190660
Brookfield U.S. Listed Real Estate Fund (A)
BRUAX1
BRUAX
Class A
USD
N
BRUAX2
N/A
N/A
112740790
December 11, 2013
10.39
N/A
N/A
N/A
N/A
0.09 M
June 30, 2017
3.03%
1.83%
2.20%
-0.35%
4.60%
N/A
9.29%
RMZ
MSCI U.S. REIT Total Return Index
N/A
June 30, 2017
2.13%
1.65%
2.66%
-1.82%
8.18%
N/A
11.65%
BRUAX2
BRUAX
Class A
USD
Y
BRUAX1
N/A
N/A
112740790
December 11, 2013
10.39
N/A
N/A
N/A
N/A
0.09 M
June 30, 2017
-1.88%
-2.97%
-2.68%
-5.12%
2.91%
N/A
7.80%
RMZ
MSCI U.S. REIT Total Return Index
N/A
June 30, 2017
2.13%
1.65%
2.66%
-1.82%
8.18%
N/A
11.65%
BRUCX1
BRUCX
Class C
USD
N
BRUCX2
N/A
N/A
112740782
December 11, 2013
10.36
N/A
N/A
N/A
N/A
0.51 M
June 30, 2017
2.93%
1.63%
1.73%
-1.08%
3.85%
N/A
8.52%
RMZ
MSCI U.S. REIT Total Return Index
N/A
June 30, 2017
2.13%
1.65%
2.66%
-1.82%
8.18%
N/A
11.65%
BRUCX2
BRUCX
Class C
USD
Y
BRUCX1
N/A
N/A
112740782
December 11, 2013
10.36
N/A
N/A
N/A
N/A
0.51 M
June 30, 2017
1.93%
0.63%
0.73%
-2.00%
3.85%
N/A
8.52%
RMZ
MSCI U.S. REIT Total Return Index
N/A
June 30, 2017
2.13%
1.65%
2.66%
-1.82%
8.18%
N/A
11.65%
BRUIX
BRUIX
Class I
USD
N/A
0
N/A
N/A
112740766
December 11, 2013
10.33
N/A
N/A
N/A
N/A
23.94 M
June 30, 2017
3.00%
1.89%
2.33%
-0.08%
4.86%
N/A
9.57%
RMZ
MSCI U.S. REIT Total Return Index
N/A
June 30, 2017
2.13%
1.65%
2.66%
-1.82%
8.18%
N/A
11.65%
BRUYX
BRUYX
Class Y
USD
N/A
0
N/A
N/A
112740774
December 11, 2013
10.37
N/A
N/A
N/A
N/A
0.03 M
June 30, 2017
2.99%
1.99%
2.42%
0.01%
4.95%
N/A
9.65%
RMZ
MSCI U.S. REIT Total Return Index
N/A
June 30, 2017
2.13%
1.65%
2.66%
-1.82%
8.18%
N/A
11.65%