The real estate sector is being pegged as a pullback candidate, but that hasn't stopped new money from pouring into these funds.

Real estate mutual funds have quietly built a strong track record, having outpaced all domestic equity funds over the past five years with a 10.12% return, according to Chicago-based fund tracker Morningstar. On a three-year basis, they've posted an average return of 11.12%, besting all other stock fund groups with the exception of bear market funds.

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