Orlando-based CNL Financial Group
has launched it's first mutual fund. The CNL Global Real Estate Fund
will invest primarily in REITs. The fund will be sub-advised by CNL Fund Advisors Company, a subsidiary of CNL. A, C, and institutional shares of the fund will be offered.
CNL Financial Group, Inc. (CNL), one of the nation’s
largest privately held real estate investment and development companies, today announced it has
expanded its investment offerings and launched the CNL Global Real Estate Fund, the company’s
first mutual fund and first global real estate investment offering.
The CNL Global Real Estate Fund will primarily invest in equity securities of listed real estate
investment trusts (REITs) and other listed real estate companies. CNL’s new fund will focus on
quality real estate-related companies that own institutional-grade real estate investments in North
America, Europe and Asia Pacific.
“For nearly 35 years, CNL has offered investors attractive real estate investment options in the
United States. We are pleased to now expand into international markets, providing investors
access to real estate opportunities around the globe.” said Grayson Sanders, president of CNL
Fund Advisors Company. “We believe this fund will appeal to those seeking the diversification
benefits of global real estate and the liquidity and flexibility of mutual funds.”
The mutual fund is advised by CNL Fund Advisors Company, a subsidiary of CNL. CB Richard
Ellis Global Real Estate Securities, LLC (CBRE GRES) serves as the sub-adviser to the mutual
fund. CBRE GRES is the real estate securities arm of CBRE Investors, the global investment
management subsidiary of CB Richard Ellis Group. CBRE GRES senior portfolio managers have
34 combined years of managing real estate securities portfolios. CBRE GRES capitalizes on the
real estate market expertise and knowledge of the CB Richard Ellis Group platform.
“The global real estate securities sector has experienced tremendous growth in recent years and
continues to show signs of future growth. Because this sector traditionally is not highly correlated
to U.S. equities or global equities, we believe investing in global real estate securities will assist
investors in diversifying their portfolios.” said Sanders.
The CNL Global Real Estate Fund will offer three classes of shares: A, C and Institutional. The
mutual fund is available to individual investors through CNL’s established network of financial
advisors and broker/dealers. The Fund is available to institutional investors directly through the
Institutional share class.
Additional fund details are available at www.thecnlfunds.com. Financial advisors and
broker/dealers can call CNL Securities Corp (National Sales and Marketing Agent) at 866-650-
0650. Institutional investors can call CNL Fund Advisors at 800-522-3863.
You should consider the Fund’s investment objectives, risks, charges and expenses carefully before
investing. This and other information may be found in the prospectus, a copy of which may be
obtained by calling 888-890-8934 or by visiting the Fund’s web site at www.thecnlfunds.com. Please
read the prospectus carefully before investing.
Distributor: Foreside Fund Services, LLC
CNL Financial Group, Inc. (CNL) is one of the nation’s largest privately held real estate
investment and development companies. Headquartered in Orlando, Florida, CNL is a sponsor of
a wide array of investment products. Since its inception in 1973, CNL and/or its affiliates have
formed or acquired companies with more than $21 billion in assets (as of June 30, 2007),
including hotel, retail, restaurant, seniors' housing and lifestyle properties. For more information,
The CNL Global Real Estate Fund is offered and sold only to persons residing in the United States
and certain U.S. territories. These materials are not an offer to sell or a solicitation of an offer to
buy any security, nor shall such security be offered or sold to any person in any jurisdiction in
which such offer, solicitation, purchase or sale may not be lawfully made.
Investing in a global mutual fund concentrating in real estate securities involves special risks, such
as declines in the value of investment securities as well as increased susceptibility to adverse
economic, political or regulatory developments affecting the real estate industry and the real estate
companies that issue real estate related securities. Concentration in one economic sector, such as
real estate, may result in greater price fluctuations than owning a portfolio of more diversified
investments. Changes in interest rates may also affect the value of the Fund’s investments in real
estate securities. The Fund may invest in the real estate securities issued by small and mid-size
companies which may tend to increase the volatility of the market price of their securities. The
Fund may also invest in foreign securities which entail additional risks not associated with
domestic equities including currency fluctuations, economic and political instability and
differences in accounting standards. The risks of investing in foreign securities are heightened
when investing in emerging markets.
This press release may contain forward-looking statements within the meaning of the federal
securities laws. All statements, other than statements of historical facts, including, among others,
statements regarding CNL Global Real Estate Fund’s future financial positions, business strategy,
projected levels of growth, projected costs and projected financing needs, are forward-looking
statements. Those statements include statements regarding the intent, belief or current
expectations of CNL Global Real Estate Fund members of their management teams, as well as the
assumptions on which such statements are based, and generally are identified by the use of words
such as “may,” “will,” “seeks,” “anticipates,” “believes,” “estimates,” “expects,” “plans,”
“intends,” “should” or similar expressions. Forward-looking statements are not guarantees of
future performance and involve risks and uncertainties that actual results may differ materially
from those contemplated by such forward-looking statements. Many of these factors are beyond
the companies’ abilities to control or predict. Such factors include, but are not limited to,
competition in the companies’ markets, the ability to identify and acquire properties on favorable
terms, dependence on tenants’ financial condition, the uncertainties of real estate development
and acquisition activity, the ability to effectively integrate acquisitions, the costs and availability of
financing, the effects of the local economic and market conditions, regulatory changes and other
risks and uncertainties detailed from time to time in CNL Global Real Estate Fund’s filings with
the Securities and Exchange Commission.
The risks included here are not exhaustive and undue reliance should not be placed on any
forward-looking statements, which are based on current expectations. All written and oral
forward-looking statements attributable to CNL Global Real Estate Fund or persons acting on
their behalf are qualified in their entirety by these cautionary statements. Further, forward-
looking statements speak only as of the date they are made, and the companies undertake no
obligation to update or revise forward-looking statements to reflect changed assumptions, the
occurrence of unanticipated events or changes to future operating results over time unless
otherwise required by law.
Stay ahead of the news ... Sign up for our email alerts now