EGLRX — Aberdeen International Real Estate Equity Fund
Data updated: 2022-09-28
EGLRX — Aberdeen International Real Estate Equity Fund. China Real Estate · $15.02M AUM · 1.37% expense ratio. Holdings, fees, performance and SEC filings.
EGLRX Fund Overview
EGLRX — Aberdeen International Real Estate Equity Fund is a US mutual fund managed by abrdn Funds, categorised as China Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: abrdn Funds
- Category: China Real Estate
- Assets under management: $15.02M
- 1-year return: -18.9%
- Ticker: EGLRX
- SEC CIK: 0001413594
- SEC series ID: S000061520
- Share class ID: C000199216
EGLRX Investment Objective and Strategy
Aberdeen International Real Estate Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by abrdn Funds.
Investment objective
The Aberdeen International Real Estate Equity Fund (the International Real Estate Equity Fund or the Fund) seeks long-term capital growth.
Principal investment strategy
Under normal circumstances, the International Real Estate Equity Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in the equity securities of non-U.S. issuers located in at least three countries (excluding the United States) which are (i) principally engaged in the real estate industry, (ii) are principally engaged in real estate financing or (iii) control real estate assets with an aggregate estimated value equal to no less than 50% of such issuers assets. These companies include, but are not limited to, real estate investment trusts (REITs), real estate operating companies and homebuilders, and companies with a majority of real estate holdings, such as hotel and entertainment companies. Principally engaged in the real estate industry or in real estate financing means that a majority of a companys revenues are derived from the real estate industry or from real estate financing, respectively, or that the company is classified as a real estate company under the Standard & Poors Global Industry Classification System (GICS).
To control real estate assets means to own such assets. The Fund concentrates its investments in the securities of companies engaged principally in the real estate industry and may invest all of its assets in such securities; however, the Fund may temporarily invest less than 25% of its net assets in such securities during periods of adverse economic conditions in the real estate industry. The International Real Estate Equity Fund pursues a flexible strategy of investing in companies throughout the world. However, the International Real Estate Equity Fund gives particular consideration to investments in Western Europe, Australia, Canada, Japan, Hong Kong, Singapore, China, India and Brazil. The Adviser defines Western Europe as Austria, Belgium, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and the United Kingdom.
The Fund may invest without limitation in the securities of foreign issuers that are publicly traded in the United States or on foreign exchanges. The Fund may invest in companies of any market capitalization. The Fund may borrow up to 10% of its total assets for investment purposes. In managing the assets of the Fund, the Adviser generally pursues a value oriented approach. It focuses on investments throughout the world and seeks to identify the equity securities of foreign companies which are trading at prices substantially below the underlying value of the real estate properties or revenues of the companies. The Adviser also considers other company fundamentals and the strength of a companys management in making investment decisions, as well as economic, market and political conditions in the countries in which a company is located and operates.
The Fund also invests in the securities of companies with growing earning streams that the Adviser believes can be purchased at reasonable prices, giving consideration to the business sectors in which the companies operate and the current stage of the economic cycle. The Fund may invest a portion of its assets in shares of initial public offerings (IPOs) and secondary offerings.
EGLRX Performance
Total returns for EGLRX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -18.9% |
| 3 years (annualised) | -3.8% |
EGLRX Risk Information
Risk metrics for EGLRX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.1%
EGLRX Costs and Fees
EGLRX costs about $137 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.37%
- Gross expense ratio: 2.07%
- Portfolio turnover: 64%
- Brokerage commissions: 6.43 bps of average net assets (SEC N-CEN)
EGLRX Cashflows
Over the 12 months to 2022-07, Aberdeen International Real Estate Equity Fund had net outflows of $2.53M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-07 | −$681.30K |
| 2022-06 | −$151.79K |
| 2022-05 | −$204.88K |
| 2022-04 | −$94.74K |
| 2022-03 | −$180.04K |
| 2022-02 | −$49.47K |
EGLRX Debt Constituents
No individual debt constituents are reported in Aberdeen International Real Estate Equity Fund's latest SEC N-PORT filing.
EGLRX Prospectus and SEC Filings
Official Aberdeen International Real Estate Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-02-28
- Prospectus (485BPOS) — filed 2021-02-26
- Prospectus (485BPOS) — filed 2020-03-19
- Portfolio holdings (N-PORT) — filed 2022-09-28
- Portfolio holdings (N-PORT) — filed 2022-06-06
- Portfolio holdings (N-PORT) — filed 2022-03-25
- Annual census (N-CEN) — filed 2022-01-14
- Annual census (N-CEN) — filed 2021-01-14
Related Funds
Other China Real Estate funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.