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Invesco Global Real Estate Fund - Q1 2016

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Invesco Global Real Estate Fund - Q1 2016

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

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Keywords : Invesco