|Expense Ratio (net)||0.88%|
|Last Cap Gain||0.00|
|Morningstar Risk Rating||Average|
|Beta (3Y Monthly)||0.47|
|5y Average Return||N/A|
|Average for Category||N/A|
|Inception Date||Jul 2, 1991|
If your advisor has you invested in any of these "Mutual Fund Misfires of the Market" with high fees and low returns, you need to rethink your advisor.
NEW YORK, July 2, 2019 /PRNewswire/ -- Cohen & Steers (CNS), founded as the first investment manager dedicated to REITs, is making key enhancements to its flagship mutual fund, Cohen & Steers Realty Shares (the "Fund"). Celebrating its 28th anniversary, the Fund has reduced its expense ratio by approximately 10% and has expanded access with Class A, C, I, R and Z shares, now offered alongside legacy Class L shares. "We're making one of the top U.S. REIT funds in the industry even better," said Joseph Harvey, President and Chief Investment Officer.
In U.S. markets, real estate investment trusts (REITs) continue to be leaders. This remains a good economic environment for REITs, and we own them through one of the leading funds, notes Bob Carlson, ETF and mutual fund expert and editor of Retirement Watch.