janus's dublin-based fund of real estate investment trusts will invest broadly but not in interest rate-sensitive mortgage reits
Janus has launched a fund of US real estate investment trusts (Reits), called the US Reit Fund. Although the fund is new, the strategy is not, having followed for five years in another fund run by the same manager, William Schaff. The new structure is domiciled in Dublin and has a minimum initial investment of $2,500 or e2,500, with subsequent minimums of $1,000 or e1,000. The benchmark is the Morgan Stanley Reit Index. asset types The portfolio invests primarily in publicly traded Reits, with the majority of these being listed on the New York Stock Exchange. The portfolio does not inc...
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