The Trust seeks dividend income and capital appreciation.
Under normal circumstances, the Trust will invest at least 80% of its assets in REITs. The Trust is concentrated in stocks of the industry or group of industries comprising the real estate sector.
A REIT is a company that buys, develops and/or manages income-producing real estate such as apartments, shopping centers, offices and warehouses. In short, a REIT is a corporation that pools the capital of many investors to purchase one or more forms of real estate.