Salient International Real Estate Fund Investor Class (FFIRX)

14.36
Net Asset Value
+0.07%
1 Day
-3.04%
Year-to-Date
Overall Morningstar Rating
Global real estate
Style or Category
No Load
Sales Expenses
2.27%
Expense Ratio
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+2.70% 3 years+2.95%
3 months-3.85% 5 years+2.22%
1 year+15.52% Since inception+4.74%
Data through --

Peer Comparisonvs. Global real estate

 FFIRXCategory
Performance 5-yr return+2.22%+4.54%
Expense ratio2.27%1.32%
Risk 5 year sharpe ratio0.200.40
Net assets$20.4M$697.0M
Average market cap$5.1B$5.3B
Average P/E9.112.4
Portfolio turnover41%41%

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Fund Management and Purchase Info

Fund familySalient Funds
Fund manager & tenureJoel Beam / 11 Years
Minimal initial investment$2,500.00
Minimum IRA investment--

Holdings

International stock94.91%
U.S. stock3.32%
Cash1.77%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 3.81%
-- 3.69%
-- 3.60%
-- 3.47%
-- 3.40%
-- 3.27%
-- 3.15%
-- 3.06%
-- 3.05%
-- 3.04%