REM IS RUN BY BLACKROCK. Thats the only thing that scares me.
We all know what private equity can do, if its allowed to. Maybe since blackrock is just the fund manager, maybe they can't take on debt, and pay themselves unearned dividends like a lot of other p.e. groups do. I see that REM has 1% of our money in financials. Wonder whats up with that ? Hope they dont buy and sell banks shares, to help other holdings they may have. maybe they think finacniclas are still undervalued. 99% real estate, 1% financial. sounds bizzare. sounds like it might not mean anything. but it also sounds fishy.
The fund looks good on the surface, I agree. But Blackrock referes to theblackrock of Mecca and I have noticed that strange action in obscure stocks are related to blackrock funds buying and selling to each other. Perhaps using that preknowlege in the options to influence govt. officals and judges to give favorable judgements on islamic interests.