The Dynamic Real Estate & Infrastructure Fund continues to recover and has been on a nice little run, especially compared to how the rest of North American markets have recently stalled out:
As of October 6, 2020:
|Investment||1 Week||1 Month||3 Month||6 Month|
|DYN Real Estate & Infrastructure||3.00%||4.15%||7.58%||18.32%|
|S&P/TSX Composite Index||0.20%||1.16%||4.93%||18.43%|
Year to Date Returns as of October 30, 2020:
|S&P 500 Index||2.76%|
|S&P/TSX Composite Index||(6.11%}|
Returns for DYN Real Estate & Infrastructure are for Series F of the Fund.
Returns for the S&P/TSX Composite Index and S&P 500 Index are shown in their local currency with reinvested dividends.
While the fund is still working its way back to glory, the great news is that the fund is:
- Enjoying an accelerated recovery and return profile in general
- Still paying an attractive 7% yield
Demonstrating the lower correlation that these essential services have traditionally delivered. The following article is an excellent read on “Real Assets” and their outlook. RowanOak is still very positive for the outlook for your fund and its constant monthly cash flow it continues to give you.
Please take a couple of minutes to read the article. Click here to read the article.
Kind regards and stay safe
President, Chief Executive Officer
Chairman of Investment Committee