Altegris/AACA Opportunistic Real Estate Fund I (RAAIX)
Altegris/AACA Opportunistic Real Estate Fund I operates in the Real Estate - General industry of the Real Estate sector, headquartered in Cincinnati, OH, US. The stock last traded at $10.14, down 0.39% on the session, giving a market capitalisation of $36.6M. Its beta of 1.34 implies it has historically moved more than the broad market.
The fund endeavors to deliver comprehensive total returns, derived from both long-term capital growth and recurring income. It executes this strategy by strategically investing, through both long and short positions, in the equity securities of companies engaged in the real estate sector or activities closely tied to it. Under standard operating conditions, the fund dedicates a minimum of 80% of its overall assets (defined as net assets plus any funds borrowed for investment) to these equity holdings in real estate-centric enterprises. This investment vehicle is designated as non-diversified.
Altegris/AACA Opportunistic Real Estate Fund I is most often compared with the following Real Estate names: