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Funds to bet on socimisSkip to contentfinanzas.comUpdated 00:57 CETUpdatingUpdating...EUR/USD1.11510.04%0.0004IBEX 358,609.80-1.10%-96.20INDITEX27.03-1.10%-0, 30IBERDROLA10.12-0.74%-0.08SANTANDER3.15-1.72%-0.06CELLNEX39.94-1.79%-0.73BBVA5.64-0.69%-0.04TELEFONICA4.160.39% 0.02AMADUS59.14-1.92%-1.16ENDESA20.00-1.38%-0.28

Investing in listed real estate investment companies serves to reduce the risk and increase the return of a portfolio

Although the United States remains the world's largest public real estate market, it is becoming increasingly global. Currently, forty countries and regions have REITs (the equivalent of Spanish socimis), including all the G7 countries.

And it's no wonder that this is so. By analyzing the risks and returns of various asset classes (stocks, bonds, real estate, and cash) for the period 1976-2014, the investment consulting firm Wilshire Associates found that a portfolio that included global REITs produced a higher return and lower annualized risk.

The easiest and least expensive way to invest in this asset is through an investment fund or an exchange-traded fund (ETF) representative of these securities.

Neuberger Berman US Real Estate

Among the funds available for sale in Spain in the VDOS sector category of Indirect Real Estate, with the highest rating of five stars, the best performance during 2021 corresponds to the Neuberger Berman US Real Estate Securities class A accumulation in dollars, with a revaluation of 45.75 percent and a volatility figure of 12.30 percent. Invests in a concentrated portfolio of securities (including convertible bonds) issued by REITs. It should be noted that it does not include any property directly.

Although the portfolio invests in companies of any market capitalization, it typically focuses on REITs with a capitalization greater than $300 million at the time of purchase. Among his largest holdings are shares of American Tower (9.38 percent), Crown Castle International (6.76 percent), Prologis (6.38 percent), and Equinix (5.82 percent).

The minimum investment required to subscribe to class A accumulation in dollars of this fund is 1,000 dollars (approximately 889 euros), taxing its participants with a fixed commission of 1.50 percent and a deposit of 0.02 percent. .

Nordea 1-Global Real Estate Fund

Also with a global approach, the Nordea 1-Global Real Estate Fund appreciated by 37.25% last year in its BC class in euros, with a controlled volatility cost of 9.01%, which places it in the second best group in its category for this concept, in quintile four. It takes the FTSE/Epra Nareit Developed Net Total Return index as a management reference.

Nordea partnered with Duff & Phelps, a specialist in the field, investing with a high-conviction active approach, which has succeeded in generating added value for investors by focusing its investment on owners/operators of high-quality commercial real estate, which They generate regular rental income.

In terms of ESG, its management follows the responsible investment policy of Nordea AM, being subject to control and exclusion of certain sectors or companies, classified as article 8 of the SFDR.

Its portfolio includes among its largest positions Prologis (5.72 percent), Simon Property Group (3.42 percent), Sun Communities (3.18 percent) and Equinix (3.15 percent). This fund supports a fixed commission of 0.95 percent.

Janus H. Pan European Property

Covered in dollars, the A2 class of Janus Henderson HF - Pan European Property Equities focuses on the European real estate market, obtaining a revaluation of 35.17 percent over the past year, with a one-year volatility figure of 12, 37 percent.

It aims to provide long term capital growth, outperforming the FTSE Epra Nareit Developed Europe Capped Index, net of expenses, over any five year period.

Invests at least 75 percent of its assets in a concentrated portfolio of REIT equities and equity-linked securities. Most of its income is derived from the ownership, development and management of real estate.

It is actively managed, with reference to the FTSE Epra Nareit Developed Europe Capped Index, although the manager chooses investments with different weights than the index or that are not part of the index.

The largest positions in its portfolio correspond to shares of Vonovia (9.40 percent), Segro (7.77 percent), LEG Immobilien (6.61 percent), Fastighets AB Balder (5.33 percent) and Gecina (4.61 percent).

The minimum investment to subscribe to class A2 of this fund is 2,500 dollars (approximately 2,224 euros), with a fixed commission of 1.20 percent and a deposit of 0.01 percent, in addition to a variable commission of 10 percent. cent on positive results of the fund.

Do not wait. Anticipate. Decide.

Paula Market. Director of Analysis VDOS Stochastics and quefondos.com. She is an expert in analysis and research of investment funds and pension plans.