The fund’s benchmark is the FTSE EPRA/NAREIT Global Real Estate Index.
“Gaining exposure to high quality commercial space in locations such as Hong Kong, London, Australia and Japan is a meaningful way to participate in globalization,” said John Kramer, president and co-CIO at Kensington. “Adding an international component combines the long-established portfolio benefits of real estate with the appeal of international investing. More than ever before, investors are seeking ways to tap into growth spurred by expanding economies outside of the U.S., and diversification through non-dollar denominated investments.”
Paul Gray and Joel Beam are co-portfolio managers of the new fund.
