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Timbercreek U.S. REIT Preferred Fund

Manager Commentary

The Timbercreek U.S. REIT Preferred Fund is pleased to provide you with a quarterly update which highlights the Fund's performance, portfolio changes and includes a quarterly market commentary from the Portfolio Manager.

First Quarter 2019 Highlights

  • The Fund generated a +13.3% total return on a net basis during the first quarter.
  • Equity Markets rebounded and recouped most of the losses suffered in the final three months of 2018.
  • U.S. REITs performed well in the quarter, generating a +16.3% total return (USD) 1, outpacing the S&P 500 Index up 13.7% (USD). 
  • During the quarter, we added one position in the data center sector. Based on fundamentals and increasing demand we have a positive outlook of the sector.


For further commentary, please click on the link below.

Quarterly Manager Commentary 

Global Real Estate Securities investments are managed by Timbercreek Investment Management Inc.