The investment committee is looking to generate steady but growing income through investment in high quality companies.
The concentrated portfolio of between 35 and 50 companies is made up of U.S. corporations with a track record and commitment to organic dividend growth, strong business franchise and healthy balance sheet.
The 4-step investment process starts with the initial screening of companies with at least $1 billion in market cap and dividend yield, conduct fundamental analysis using quantitative and qualitative research, segregate high quality companies with high dividend yields and through consensus process build a diversified portfolio across economic sectors.
The fund invests in comapnies that manage, operate or build real estate with the aim of generating steady returns in a variety of economic and market condtions.
The fund also seeks to benefit from the tax free income passed thorugh Real Estate Investment Trust to shareholders and the bottom up selection process drives the investment process. Real estate holdings are generally perceived as an inflation hedge and a portfolio diversifier.
The concentrated fund with less than 35 holdings is built to diversify across various real estate sectors including healthcare, data centers, industrial, commercial and retail.
The fund may allocate as much as 55% of its assets in top 10 holdings.
