NGREX Performance — Global Real Estate Index Fund
Data updated: 2026-08-28
NGREX returned +9.26% year to date and +13.45% over one year to Jun 2026. Annualised returns are +10.38% over 3 years and +2.15% over 5 years. The fund beat its Global Real Estate category average: $100 invested three years ago grew to $134, against $132 for the category, and to $113 over one year, against $113. Volatility over the past three years was 15.59% a year. In the 12 months to Jun 2026 the fund lost a net $11.4M, and assets reached $847.74M.
NGREX Growth of $100
What $100 invested in Global Real Estate Index Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Real Estate category average over the same months.
| Period | NGREX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $113 | $113 |
| 3 years (Jul 2023 – Jun 2026) | $134 | $132 |
| 5 years (Jul 2021 – Jun 2026) | $111 | $113 |
| Since data start (Jul 2019 – Jun 2026) | $124 | $136 |
NGREX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.26% |
| 1 year | +13.45% |
| 3 years (annualised) | +10.38% |
| 5 years (annualised) | +2.15% |
NGREX Annual Returns
Calendar-year total returns of Global Real Estate Index Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +9.26% |
| 2025 | +10.40% |
| 2024 | +2.68% |
| 2023 | +10.03% |
| 2022 | −24.31% |
| 2021 | +22.71% |
| 2020 | −8.39% |
| 2019 (Jul–Dec) | +7.05% |
NGREX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.9% | +6.9% | −8.7% | +8.1% | −0.9% | +0.7% | — | — | — | — | — | — |
| 2025 | +1.4% | +2.2% | −2.2% | +1.1% | +2.5% | +1.3% | −1.3% | +4.2% | +1.3% | −1.3% | +2.1% | −1.1% |
| 2024 | −4.2% | +0.8% | +3.1% | −5.5% | +3.5% | +0.2% | +5.8% | +5.9% | +3.5% | −4.8% | +2.2% | −6.6% |
| 2023 | +8.9% | −4.9% | −2.7% | +1.8% | −4.6% | +3.6% | +4.0% | −3.4% | −5.8% | −4.4% | +10.1% | +9.1% |
| 2022 | −4.7% | −2.7% | +3.7% | −5.4% | −4.0% | −8.1% | +6.6% | −6.1% | −12.4% | +2.1% | +9.0% | −3.4% |
| 2021 | −0.9% | +3.4% | +3.0% | +5.2% | +1.8% | +0.6% | +2.5% | +1.8% | −5.1% | +5.2% | −2.2% | +5.9% |
| 2020 | −0.9% | −7.0% | −21.3% | +6.7% | +0.3% | +2.6% | +3.0% | +2.4% | −2.8% | −3.1% | +11.7% | +3.6% |
| 2019 | — | — | — | — | — | — | −0.2% | +1.3% | +2.5% | +2.5% | −0.9% | +1.8% |
NGREX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 15.59%
- 3-year Sharpe ratio: 0.38 (vs 4.5% risk-free rate)
- Best month: +10.10% (Nov 2023)
- Worst month: −8.73% (Mar 2026)
NGREX Fund Flows
Monthly money in and out of Global Real Estate Index Fund, from SEC Form N-PORT.
- 12-month net flow: −$11.4M
- 12-month gross sales (incl. reinvestments): $195.2M
- Sales ÷ redemptions: 0.94×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $23.1M | $5.4M | $17.7M |
| May 2026 | $17.4M | $8.2M | $9.2M |
| Apr 2026 | $99.0M | $10.9M | $88.2M |
| Mar 2026 | $6.0M | $13.0M | −$7.0M |
| Feb 2026 | $8.9M | $17.2M | −$8.3M |
| Jan 2026 | $5.8M | $17.6M | −$11.8M |
| Dec 2025 | $10.4M | $19.6M | −$9.3M |
| Nov 2025 | $2.5M | $16.1M | −$13.6M |
| Oct 2025 | $2.4M | $15.0M | −$12.5M |
| Sep 2025 | $13.3M | $19.2M | −$5.9M |
| Aug 2025 | $2.9M | $22.8M | −$19.9M |
| Jul 2025 | $3.5M | $41.6M | −$38.1M |
NGREX Assets Under Management
Net assets of Global Real Estate Index Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $847.74M |
| 2026-03-31 | $686.11M |
| 2025-12-31 | $703.03M |
| 2025-09-30 | $754.93M |
| 2025-06-30 | $793.42M |
| 2025-03-31 | $1.12B |
| 2024-12-31 | $1.08B |
| 2024-09-30 | $1.19B |
| 2024-06-28 | $935.60M |
| 2024-03-28 | $991.29M |
| 2023-12-29 | $1.00B |
| 2023-09-29 | $900.61M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.