Below are four mutual funds that invest primarily in real estate investment trusts and are highly rated by Morningstar. Each…
Below are four mutual funds that invest primarily in real estate investment trusts and are highly rated by Morningstar. |
Each has a minimum initial investment of $3,000 or less, making them accessible to most average investors. Each also has a gold or silver medal rating under Morningstar’s analyst ratings, a subjective system which attempts to gauge a fund’s performance prospects, not just its past record. The scale runs from gold to silver, bronze, neutral and negative. |
Fund Morningstar analyst rating 12-month return 3-year annualized return 5-year annualized return Expense ratio |
T. Rowe Price Real Estate (TRREX) Gold 12.3% 35.1% 2.1% 0.78% |
Vanguard REIT Index (VGSIX) Silver 14.2 34.6 3.2 0.24 |
ING Global Real Estate (IGLAX) Silver 3.4 17.3 -1.9 1.31 |
JPMorgan U.S. Real Estate (SUSIX) Silver 11.5 33.9 0.9 1.17 |
Returns through July 18, 2012 |
Source: Morningstar |