Global Real Estate Securities

Summary

STRATEGY FACTS

As of 12/31/2018 tooltip

When Listed:

Mutual funds and CIT only available in the United States.

SICAVs only available in certain non-U.S. countries. Please check country availability.

Available Vehicles Separate Account
Mutual Fund
Investment Universe Global REITs and real estate securities
Benchmark S&P Developed REIT
Inception Date 06/01/2011
Total Assets $543.65 MM

INVESTMENT TEAM

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Portfolio managers are not licensed by the Hong Kong Securities and Futures Commission to perform any regulated function in or from Hong Kong. Furthermore, none of the portfolio managers are located in or operate in or from Hong Kong.

Steven Brown

Steve Rodriguez

3 Investment Analysts

2 Client Portfolio Managers

Documents & Resources

RFI  

 

Global Real Estate Securities invest in REITs and real estate securities using a combination of top-down analysis and bottom-up security selection.

We believe top-down analysis of geographic regions and property sectors combined with bottom-up security evaluation of real estate companies will lead to outperformance in a variety of market environments.

Performance

As of 12/31/2018

  COMPOSITE PERFORMANCE IN USD (%)
  QTR YTD 1 YR 3 YR* 5 YR* Since Inception*
Global Real Estate Securities (gross) -5.36% -5.45% -5.45% 3.39% 5.03% 6.20%
Global Real Estate Securities (net) -5.46% -5.86% -5.86% 2.65% 4.06% 5.09%
Standard Deviation --- --- 11.74% 11.13% 10.86% 13.05%
Sharpe Ratio --- --- -0.62 0.22 0.41 0.44
FTSE EPRA/NAREIT Global Net Return -5.01% -6.37% -6.37% 3.46% 4.50% 4.46%
Excess Return -0.35% 0.92% 0.92% -0.07% 0.52% 1.74%
Tracking Error --- --- 1.66% 2.16% 2.14% 2.58%
Information Ratio --- --- 0.55 -0.03 0.24 0.67

*Annualized

Sources: MSCI Inc., FactSet

Data reflects past performance. Past performance does not guarantee future results. The value of investments may fluctuate. Data assumes reinvestment of dividends and capital gains.

For a presentation that complies with the GIPS® standards, click here .

For purposes of compliance with the Global Investment Performance Standards ("GIPS®"), the Firm is defined as American Century Investment Management, Inc. ("ACIM"). ACIM claims compliance with GIPS®. The Global Real Estate Securities composite includes portfolios that typically invest in REITs and companies engaged in the real estate industry. Index futures (and currency forwards and futures, where applicable or appropriate) are occasionally used to equitize cash and manage portfolio risk. Other derivative instruments may be used, as allowed, as part of the investment strategy. Returns are calculated and stated in U.S. dollars and may increase or decrease as a result of currency fluctuation.


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