For my pension with my employer, we have limited options with respect to investments. I intend to allocate a portion of my assets to ''Manulife Canadian Real Estate Fund'' (code 9575 / MCREA). Assets of $1.2B Return 1year 17% 2 year 20% 3 year 13%. I have a few questions:
- Can you find the breakdown for the asset allocation: multiresidential, office, industrial, etc. and does it include real estate development? (the information I find and that I was provided is very limited)
- On a scale 1 to 10, how risky is this investment for a 15 year time horizon?
- Can it be considered fixed income in a portfolio?
- How big of a position would you recommend vs total investment assets / portfolio? (% range would be appreciated).
-Returns seem high for the last few years. Can you please provide some comments / insigths?
My level of risk is typically average and I have a long term horizon. I just want to make sure I properly estimate the overall risk of the fund.
Q: ETF's aside, are you able to rank what you feel may be the most attractive REIT types for the long term:
Storage, Cell Towers, Apartment / Residential, Industrial, Retail, Office, Healthcare, Hotel, and any other you might think are worthy of ranking.
I do recognize that there can be good and bad companies within these sub-sectors. Just trying to get a feel for which may be more attractive before drilling down to that level.
Q: Hello
I like to add REITs in my portfolio for Growth & Dividend. Can you suggest one residential REIT & one industrial REIT? Do you prefer residential REIT over Industrial REIT or vice versa?
Do you prefer diversified REIT ETF over REIT stock?
Q: What did you think of the latest report from NWH.UN & their new medical REIT in the UK? Will this add to their profit or be a drag on their operations?
Thanks
Dave
Q: Hello, this is about Dream Industrial REIT, in a recent answer to a member's question you mention a special dividend of 50C. Do you know the payment date of this special dividend? Thank you
Q: My position in FCD.UN is down almost 28% in the last year. The shares bumped up recently following earnings release on Nov 10 but then resumed the downtrend. The earnings release shows that distributions are 113% of AFFO. The company bought back 147,000 shares during the quarter. While fewer shares mean fewer distributions, is this a wise expenditure when distributions are over 100% of AFFO? Do think the dividend is safe or should I take my losses and cash out? Thanks for your advice.
Q: Hi,
I'm interested in these US REITs. Can you rank them best to worst for a longterm holder, and comment on the best account type to hold them in?
I know you've said that in general REITs are best held in a TFSA, but are there any exceptions to that guideline among them.
Thanks
Q: You indicated back in 2021 that you would prefer this over DHT.U. Does this still stand as your preference and what do you think of DHT.UN as an income play (overall safety over the next 3-5 years) ?