Investors should consider a fund’s investment objectives, risks, charges and expenses carefully before investing. A copy of the prospectus that contains this and other information about the Fund may be obtained by calling 888-711-4272. Please read the prospectus carefully before investing. Investing in closed-end funds involves risk, including possible loss of principal. Past performance does not guarantee future results.
Generally, the Fund will invest at least 80% of its assets in income-producing global real estate equity securities, which include common stocks, preferred securities (up to 20% of these may be below investment grade), warrants and convertible securities; up to 15% of assets may be invested in emerging market countries (which are subject to additional risks). Investment in the Fund is also subject to risk from the use of leverage. Standard & Poor’s Developed Property Index includes approximately 565 stocks from 23 countries. The index is a sub-index of the S&P Global Property, which defines and measures the investable universe of publicly traded property companies. Standard & Poor’s 500 Index is an unmanaged capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries. 10-Year T-Note: The average daily treasury yield for U.S. Treasury Notes with maturities of ten years (negotiable debt obligations backed by the full faith and credit of the U.S. Government, considered intermediate in maturity).
Real Estate investments are subject to changes in economic conditions, credit risk, and interest rate fluctuations. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations. Because real estate funds concentrate their investments in the real estate industry, the portfolio may experience more volatility and be exposed to greater risk than the portfolios of other funds.
Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund’s investment return and principal value will fluctuate so that an investor’s shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund’s portfolio. There is no assurance that the Fund will achieve its investment objective.
Registered Representative Services: Foreside Fund Services, LLC