Alpine Emerging Markets Real Estate Fund Institutional Class (AEMEX)

16.98
Net Asset Value
-1.16%
1 Day
+11.71%
Year-to-Date
Overall Morningstar Rating
Global real estate
Style or Category
No Load
Sales Expenses
2.35%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation; current income is a secondary objective. The fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in the equity securities of U.S. and non-U.S. issuers which (i) are principally engaged in the real estate industry, (ii) are principally engaged in real estate financing or (iii) control real estate assets with an aggregate estimated value equal to no less than 50% of such issuer's assets. It may invest without limitation in the securities of foreign issuers that are publicly traded in the United States or on foreign exchanges.

Performance

1 month-5.40% 3 years+11.10%
3 months+1.84% 5 years+4.16%
1 year+5.84% Since inception+14.76%
Data through --

Peer Comparisonvs. Global real estate

 AEMEXCategory
Performance 5-yr return+4.16%+15.27%
Expense ratio2.35%1.42%
Risk 5 year sharpe ratio0.430.80
Net assets$6.4M$740.9M
Average market cap$4.9B$9.2B
Average P/E10.517.0
Portfolio turnover----

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyAlpine
Fund manager & tenureSamuel Lieber / 5 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

International stock95.91%
Fixed income3.89%
Cash0.21%
U.S. stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 85.43%
Consumer service 8.35%
Industrial materials 6.20%
Consumer goods 0.02%
Business service 0.00%
Top 10 Holdings
Portfolio weighting
-- China Overseas Land & Investment Ltd9.60%
-- Emaar Properties PJSC6.34%
-- China Vanke Co Ltd4.88%
-- China State Construction International Holdings Ltd3.49%
-- Ayala Land Inc2.80%
-- Shimao Property Holdings Ltd2.72%
-- Cheung Kong Holdings Ltd2.69%
-- China Resources Land Ltd2.57%
-- Greentown China Holdings Ltd2.03%
-- Summarecon Agung Tbk1.99%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.