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Salient International Real Estate Fund Investor Class (FFIRX)

Net Asset Value
1 Day
Overall Morningstar Rating
Global real estate
Style or Category
No Load
Sales Expenses
Expense Ratio
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.


1 month+4.67% 3 years+6.10%
3 months+7.63% 5 years+2.43%
1 year+25.68% Since inception+4.87%
Data through --

Peer Comparisonvs. Global real estate

Performance 5-yr return+2.43%+6.13%
Expense ratio2.27%1.34%
Risk 5 year sharpe ratio0.280.55
Net assets$21.8M$722.6M
Average market cap$5.1B$5.6B
Average P/E9.713.5
Portfolio turnover80%80%

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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--


International stock96.00%
U.S. stock1.98%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 4.38%
-- 4.31%
-- 4.10%
-- 3.72%
-- 3.59%
-- 3.44%
-- 3.14%
-- 2.98%
-- 2.73%
-- 2.56%