A low-cost, passive strategy offers competitive fees for our investors:
Annual asset management fee: 0.55%
PREDEX is a low-cost, core real estate strategy which provides the potential for consistent income, low correlation to other assets and relatively low volatility. By investing in a more passively managed strategy, PREDEX investors avoid the higher fees often associated with active management. The Summary of Fund Expenses in the prospectus dated September 1, 2021, reports that investors may pay total annual expenses of 1.36%, 1.76% and 1.77% per annum as a percentage of net assets attributable to shares of Class I, Class T and Class W, respectively. The Adviser and the Fund have entered into an Expense Limitation Agreement under which the Adviser has agreed contractually to waive its fees and to pay or absorb the ordinary operating expenses (excluding interest and extraordinary expenses, if any) of the Fund until at least August 31, 2022 to the extent that they exceed 1.10%, 1.35% and 1.35% per annum for Class I, Class T and Class W, respectively.