Salient International Real Estate Fund Investor Class (FFIRX)

14.21
Net Asset Value
+0.42%
1 Day
-4.05%
Year-to-Date
Overall Morningstar Rating
Global real estate
Style or Category
No Load
Sales Expenses
2.39%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks total return from both capital appreciation and current income. Under normal conditions- the fund invests at least 80% of its net assets plus borrowings for investment purposes- if any- in non-U.S. securities of real estate and real estate-related companies in at least three different countries. It is non-diversified.

Performance

1 month-0.70% 3 years+3.09%
3 months+0.73% 5 years+4.11%
1 year+10.93% Since inception+4.77%
Data through --

Peer Comparisonvs. Global real estate

 FFIRXCategory
Performance 5-yr return+4.11%+4.54%
Expense ratio2.39%1.31%
Risk 5 year sharpe ratio0.250.47
Net assets$21.7M$741.8M
Average market cap$6.4B$10.0B
Average P/E9.113.1
Portfolio turnover41%41%

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Fund Management and Purchase Info

Fund familySalient Funds
Fund manager & tenureJoel Beam / 12 Years
Minimal initial investment$2,500.00
Minimum IRA investment--

Holdings

International stock90.09%
Cash7.05%
U.S. stock2.85%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 3.61%
-- 3.43%
-- 3.33%
-- 3.29%
-- 3.27%
-- 3.27%
-- 3.01%
-- 2.98%
-- 2.90%
-- 2.86%