Northern Multi-Manager Global Real Estate Fund is an open-end mutual fund that strategically invests in a diversified portfolio of global real estate equities. The fund’s primary objective is to achieve long-term capital appreciation and provide current income by focusing on equity securities issued by both U.S. and international real estate companies, with a significant allocation to real estate investment trusts (REITs). Rather than investing directly in physical real estate, the fund leverages a multi-manager approach, selecting and blending the expertise of multiple specialist real estate managers to enhance diversification and potentially reduce risk. This structure allows for exposure to a broad array of property sectors and geographic regions, offering investors access to both developed and emerging real estate markets. The fund is managed by Northern Trust’s experienced investment team, seeking to capitalize on global real estate trends and market cycles. Its role in the financial market is to serve as a diversification tool in portfolios, providing income and growth potential associated with global property markets while maintaining liquidity and professional management.
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