Macquarie True Index Global Real Estate Securities Fund
Asset Class: Property
Description: Index, Global
The Macquarie True Index Global Real Estate Securities Fund provides exposure to the performance of the FTSE EPRA/NAREIT Developed Index Net AUD TRI.
The FTSE EPRA Nareit Global Real Estate Index Series is designed to represent general trends in eligible real estate equities worldwide. Relevant activities are defined as the ownership, trading and development of income-producing real estate. The index series now covers Global, Developed and Emerging indices, as well the UK's AIM market.
The Fund aims to generate capital growth and income.
It does this by investing in an underlying fund or funds that Macquarie manages. This Underlying Fund invests in a portfolio of shares that closely resembles the index.