Seeks Consistent Returns Backed by Steady Income

In a world of increasing uncertainty, stability can be a valuable asset.

For more than 45 years, private core real estate has generated steady cash flows derived from income of the properties held by institutional funds. Because the target funds are permitted to invest only in institutional-quality properties in major markets, income has tended to be relatively stable. In a growing economy, income may increase as occupancy levels and lease levels climb; but in a weakening economy, income levels may fall. The chart below shows the income returns of the NFI-ODCE Index over time.1

The index performance is shown for general market comparisons and is not meant to represent the PREDEX Fund. Investors cannot directly invest in an index and unmanaged index returns do not reflect any fees, expenses or sales charges. Past performance does not guarantee future results. For PREDEX Fund performance information, please call 1.877.940.7202.

Private Core Real Estate Total Returns

The asset class has generated strong total returns with steady income over time.

NFI-ODCE Income and Total Returns

As of 12/31/2016
 1-Year3-Year5-Year10-Year39 Years (Inception)
Appreciation4.1%7.0%6.9%0.5%1.4%
Income4.5%4.8%5.0%5.3%7.3%
Gross8.8%12.1%12.2%5.8%8.8%
Net7.8%11.0%11.2%4.8%7.7%
As of 12/31/2016

Balanced Risk vs. Returns2

Private core real estate has delivered better returns with less risk than other major asset classes.

Annualized Return 
20 Years Ended December 31, 2016

Sharpe Ratio 
20 Years Ended December 31, 2016

Comparisons of different asset classes and indexes have limitations and other material characteristics that may differ from each other.  Some of those differences include the investment objectives, costs and expenses, liquidity, safety, guarantees or insurance, fluctuation of principal or return, or tax features.