A research produced by
Invesco Global Real Estate Fund, declined 1.82% (gross) over the first quarter of 2016, in line with its benchmark, the FTSE EPRA/NAREIT Developed Real Estate Index, which declined 1.83% (C$) over the same period.
Relative to its benchmark, the portfolio received positive contributions from its stock selection in Japan, Australia, France and Germany; however, stock selection in the U.S., Singapore, Hong Kong and the U.K. produced muted returns. Moreover, underweight exposure to Canada and Switzerland detracted from Fund performance.
Source : Invesco
