Cbre Clarion Global Real Estate Income Fund Fact Sheet
Real estate is one of the most stable and lucrative investments you can make. However, investing in individual properties can be risky and time-consuming. That's where real estate investment trusts (REITs) come in. A REIT is a company that owns and operates income-generating real estate properties. Investors can buy shares of the REIT, which gives them exposure to a diversified portfolio of properties without having to manage them directly.
What is Cbre Clarion Global Real Estate Income Fund?
Cbre Clarion Global Real Estate Income Fund (IGR) is a REIT that invests in income-generating real estate properties around the world. The fund is managed by Cbre Clarion Securities, a leading global real estate investment manager with over $22 billion in assets under management.
The fund's portfolio consists of over 200 properties across 20 countries, including office buildings, retail centers, industrial properties, and residential properties. The fund's investment strategy is to generate income and capital appreciation for its investors by investing in high-quality, income-producing properties in both developed and emerging markets.
Investment Strategy
The fund's investment strategy is focused on income generation and capital appreciation. The fund invests in a diversified portfolio of properties across different geographies and property types, which helps to mitigate risk and provide stable returns.
The fund's investment process is based on rigorous analysis and research. The management team evaluates each potential investment based on its quality, location, and potential for income and capital appreciation. The team also considers macroeconomic factors such as interest rates, inflation, and currency fluctuations when making investment decisions.
Performance
Since its inception in 2003, Cbre Clarion Global Real Estate Income Fund has delivered strong performance to its investors. The fund has consistently outperformed its benchmark index, the FTSE EPRA/NAREIT Developed Index, over the long term.
As of March 31, 2021, the fund's net asset value (NAV) was $13.55 per share, and its market price was $9.97 per share. The fund's dividend yield was 6.2%, and it paid a monthly dividend of $0.05 per share.
Risks
Like any investment, Cbre Clarion Global Real Estate Income Fund carries risks. One of the main risks is the possibility of a decline in the real estate market, which could lead to a decline in the value of the fund's investments and a reduction in income.
The fund is also subject to currency risk, as it invests in properties denominated in foreign currencies. Changes in exchange rates could affect the value of the fund's investments.
Finally, the fund is subject to interest rate risk. Rising interest rates could lead to a decline in the value of the fund's investments and a reduction in income.
Conclusion
Cbre Clarion Global Real Estate Income Fund is a solid choice for investors looking for exposure to a diversified portfolio of income-generating real estate properties around the world. The fund's experienced management team and rigorous investment process have delivered strong performance over the long term.
However, like any investment, the fund carries risks, and investors should carefully consider their investment objectives and risk tolerance before investing.