Adelante Funds(1)

Real Value

Adelante U.S. Real Estate Securities Fund

US> Mid-Cap > Value

Oct 09, 2006

Investors have long believed that investing in individual real estate properties or private real estate partnerships is more lucrative than investing in publicly traded REITs. However, publicly traded REITs can offer opportunities to an investor who researches the underlying property portfolios and identifies those REITs that are trading at a discount to the market values of their net asset value. At Adelante, Michael Torres rigorously researches and values each company to identify discounts.