Looking for real estate mutual funds? Here are our top 3 picks



For investors looking to invest their money in the real estate sector, mutual funds are the cheapest and most convenient option. This category of funds offers reliable inflation protection.

The real estate sector has recently had a rough time, but the presence of this investment vehicle usually adds stability to the portfolio. This is due to the fact that the volatility of property prices is much less than that of stocks. Adding such funds to a broadly diversified portfolio will increase returns while significantly reducing the associated risk.

Below we will share with you three of the best real estate investment funds. Everyone earned Zacks # 1 mutual fund (strong buy) and is expected to outperform competitors in the future. Investors can click here to see the full list of funds

Fidelity Real Estate Income Fund FRIFX aims for above-average income, while capital growth is a secondary concern. The fund invests most of its assets in REIT preferred and common shares; debt securities of real estate subjects; as well as commercial and other mortgage-backed securities. FRIFX has a three-year annualized return of 9.3%.

Mark P. Snyderman has been one of the FRIFX Fund Managers since 2003.

Manning & Napier Estate Series S Class MNREX strives for high operating income and long-term capital gains, investing mainly in real estate companies. The fund invests at least 80% of its assets in the securities of companies that are mainly engaged in real estate. MNREX has a three-year annualized return of 11.2%.

As of the end of April 2021, MNREX had 49 issues, with 9.24% of its assets invested in Equinix Inc.

Investment portfolio Fidelity Real Estate FRESX The fund seeks above average income and long-term capital growth, which is consistent with reasonable investment risk. This undiversified fund invests primarily in common stock. Most of FRESX’s assets are invested in the securities of companies that are primarily engaged in real estate and other real estate-related investments. FRESX’s three-year annual return is 11.1%.

The FRESX expense ratio is 0.74% compared to the category average of 1.11%.

To view the Zacks ranking and past performance of all real estate funds, investors can click here to see the full list of funds

Want to get basic information about mutual funds delivered straight to your inbox?

The free Zacks newsletter will keep you updated on top news and analysis and top performing mutual funds every week. Get it for free >>

Click to get this free report

Get Free (FRESX): Fund Analysis Report

Get Free (FRIFX): Fund Analysis Report

Get Free (MNREX): Fund Analysis Report

To read this article on Zacks.com, click here.

Zacks Investment Research

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.


Source link