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    REMS Real Estate Income 50/50 Platform (RREFX)

    14.18 Up 0.10(0.71%) Jul 29

    Profile as of Jun 29, 2015Get Profile for:
    REMS Real Estate Income 50/50 Platform
    World Funds Inc8730 Stony Point Parkway Suite 205Richmond VA 23235
    Map
    Phone: 800-527-9525
    Fund Overview 
    Category:Real Estate
    Fund Family:REMSGroup
    Net Assets:106.85M
    Year-to-Date Return:-2.16%
    Yield:4.71%
    Morningstar Rating:3 stars
    Fund Inception Date:Mar 1, 2006
    Morningstar Style Box 
    Real Estate
    [View Category Definition]
    View Top Real Estate Funds
    About the Morningstar Style Box
    Management Information 
    Edward W. Turville
    Lead Manager since Dec 31, 2010
    Edward W. Turville, CFA, serves as the Portfolio Manager. Mr. Turville has been Managing Director and Senior Portfolio Manager of Real Estate Management Services Group, LLC since its inception in May 2002. Mr. Turville has managed up to $600 million in real estate and REIT investments over the past 12 years and conducted research related to publicly traded real estate securities since 1970. As a partner at Dalton, Greiner, Hartman, Maher & Company (“DGHM”), Mr. Turville managed DGHM’s public real estate investments and created the DGHM REMS REIT product in 1997, serving as its portfolio manager from 1997 to 2000. From May 2000 to May 2002, Mr. Turville served as BIC’s Managing Director and Senior Portfolio Manager of the REMS REIT product.
    Investment Information 
    Min Initial Investment:2,500
    Min Initial Investment, IRA:2,500
    Min Initial Investment, AIP:2,500
    Min Subsequent Investment:100
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:100
    RREFX can be purchased from 29 brokerages.

    Fund Summary 
    The investment seeks to achieve a primary objective of high current income with a secondary objective of long-term capital growth. The fund will pursue its income strategy though a portfolio of 50% preferred securities and 50% common equities, rebalanced periodically to offset changes in market valuations. It invests at least 80% of its assets, plus the amount of any borrowings for investment purposes, in equity securities of companies principally engaged in the real estate industry. The fund is non-diversified.

    Fund Operations 
    Last Dividend (Jun 25, 2015) : 0.12
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jul 27, 2015) : 22.72%
    Average for Category:58.93%
    Fees & Expenses 
    ExpenseRREFXCategory Avg
    Annual Report Expense Ratio (net):1.05%1.33%
    Prospectus Net Expense Ratio:1.05%N/A
    Prospectus Gross Expense Ratio:1.10%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:N/A5.35%
    Max Deferred Sales Load: N/A1.96%
    3 Yr Expense Projection*:334572
    5 Yr Expense Projection*:579911
    10 Yr Expense Projection*:1,2831,853
    * Per $10,000 invested