Alpine Emerging Markets Real Estate Fund Institutional Class (AEMEX)

18.43
Net Asset Value
+0.16%
1 Day
+21.25%
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+4.01% 3 years+6.91%
3 months+11.45% 5 years+7.82%
1 year+14.53% Since inception+15.02%
Data through --

Peer Comparisonvs. Global real estate

 AEMEXCategory
Performance 5-yr return+7.82%+15.27%
Expense ratio2.35%1.41%
Risk 5 year sharpe ratio0.470.84
Net assets$6.4M$733.0M
Average market cap$4.3B$9.1B
Average P/E11.416.6
Portfolio turnover----

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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 stock94.18%
Fixed income4.01%
Cash1.82%
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
-- Emaar Properties PJSC8.73%
-- China Overseas Land & Investment Ltd7.63%
-- Ayala Land Inc3.84%
-- China State Construction International Holdings Ltd3.62%
-- Global Logistic Properties Ltd2.95%
-- Central Pattana PLC2.90%
-- China Vanke Co Ltd2.89%
-- SM Prime Holdings Inc2.85%
-- Cheung Kong Holdings Ltd2.65%
-- Shimao Property Holdings Ltd2.55%

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