ING Global Real Estate
The U.S. market isn’t the only one seeing growth. Asia, for one, is another hotspot. One way to capitalize on this is through the ING Global Real Estate (MUTF:IGLAX) fund. The portfolio managers, who include T. Ritson Ferguson and Steven Burton, have over 20 years experience in global real estate markets. To come up with investment ideas, they scour such things as GDP growth rates, population trends and vacancy rates.
So far, Ferguson and Burton have found opportunities in Japan (Mitsubishi Estate and Mitsui Fudosan), Australia (Westfield Group), Hong Kong (Cheung Kong) and even France (Unibail-Rodamco). Yet, they’ve also invested in U.S. companies, such as Simon Property Group (NYSE:SPG) and Boston Properties (NYSE:BXP).
During the past year, IGLAX posted a gain of 20.45%. Its three-year average was 13.31%.