Accolade for local fund

Posted On Tuesday, 15 November 2011 02:00 Published by eProp Commercial Property News
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Catalyst Global Real Estate Fund has beaten 54 others to top spot internationally

Catalyst Fund ManagersThe Catalyst Global Real Estate Fund has been ranked first in the world by independent research house Morningstar.

Beating 54 other funds, the Catalyst fund was placed in the number one slot for the three-year performance to 31 October 2011, a first for a South African global real estate fund. The fund recorded a three-year annualised return of 21.31% in USD.

The US$ 108m Catalyst fund invests in global listed real estate securities, mostly in developed markets, across a range of property sectors. With currency, regional and sectoral diversification, the outstanding performance has been delivered with below-benchmark risk.

Morningstar international survey of Indirect Global Property Funds, three-years to 31 October 2011.

Last modified on Monday, 11 November 2013 09:55

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