The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Mass. RIA Gets in the Fund Business Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, May 02, 2008

Mass. RIA Gets in the Fund Business

News summary by MFWire's editors

RMR Advisors is getting in the fund business. The company's first fund offering will be the RMR Real Estate Securities Fund, which will invest in REITs. The fund will be offered in classes A, C and I.

Company Press Release

NEWTON, Mass.--(BUSINESS WIRE)--RMR Advisors, Inc. today announced it has expanded its investment offerings with the addition of RMR Real Estate Securities Fund, its first open end mutual fund.

The Fund seeks total return through both capital appreciation and current income from investments in real estate securities. Normally, the Fund invests at least 80% of its total assets in common and preferred stocks of real estate investment trusts, or REITs.

RMR Real Estate Securities Fund offers three classes of shares: Class A (RRASX), Class C (RFSCX) and Class I (RRSIX). To learn more about the Fund, individual investors should contact their financial advisor or investment professional, or visit the Fundís website, www.rmrfunds.com. RMR Real Estate Securities Fund is distributed by Foreside Distribution Services, L.P.

The Fund is advised by RMR Advisors, Inc., or RMR Advisors, an affiliate of Reit Management & Research LLC, or RMR. RMR Advisors was founded in 2003 and is focused on investing in real estate securities, including REITs, and other high dividend paying securities. RMR Advisors currently manages seven closed end mutual funds and as of March 31, 2008 had approximately $400 million in assets under management. RMR has been an owner and manager of commercial real estate since 1986 and currently manages three publicly listed equity REITs and two publicly listed real estate based operating companies. As of March 31, 2008, the real estate securities fund and real estate companies managed by RMR Advisors and RMR had in combination a total market capitalization of nearly $15 billion.

Investors should consider the Fundís investment objective, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by calling (866) 759-5680 or visiting the Fundís website, www.rmrfunds.com. Please read the prospectus carefully before investing. The Fund is designed for long-term investors, and investors should be aware of the special risks associated with investing in the Fund. As with any mutual fund investment, an investor may lose money. Because prices of equity securities fluctuate from day to day, the value of the Fundís portfolio and the price per share will vary based upon general market conditions and the value of the securities held in the Fundís portfolio.  

Edited by: Erin Kello

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use