NEW YORK, Jan. - Cohen & Steers, Inc. (NYSE: CNS), a leading global investment manager specializing in real assets and alternative income, is pleased to announce that the Cohen & Steers SICAV European Real Estate Securities Fund (“The fund”) has received a Refinitiv Lipper Fund Award 2021 for the real estate category in Austria, France and Switzerland. The fund was recognized for its strong risk-adjusted performance for the 5 year period ended December 31, 2020.
Rogier Quirijns, Head of Europe Real Estate and Senior Portfolio Manager, said:
“We are honored to be recognized again by Lipper for the continued strong performance of the fund, which offers our investors attractive risk-adjusted returns. We believe that this achievement is a result of the dedication and efforts of our entire team, who strive for great investment results. Just as the pandemic turned certain types of property upside down in 2020, we believe that advances in vaccine distribution and fiscal incentives could directly benefit some of the hardest hit REIT sectors, creating potentially attractive entry points in 2021. "
Investors around the globe looking to diversify their direct property holdings or discover new sources of alpha are increasingly turning to REITs for their potential for strong risk-adjusted returns, income and diversification. In 2020, Cohen & Steers US and Global Real Estate strategies achieved record net inflows.
The Fund seeks ongoing income and capital appreciation by investing in REITs and other publicly traded real estate companies based in Europe and the UK that we believe offer attractive valuations and growth prospects. By investing in various European markets, the fund tries to exploit the differences in the country-specific economic and real estate sector cycles and the diversity of business models. We believe these markets offer attractive opportunities for well-equipped, disciplined, active managers to generate consistent excess returns.
The real estate category in Austria, France and Switzerland comprises 5, 15 and 34 funds respectively over a five-year period.
Please carefully review the investment objectives, risks, fees and costs of any Cohen & Steers fund before investing. A prospectus containing this and other information can be requested free of charge from cohenandsteers.com or by calling +44 207 460 6350. Please read the prospectus summary and prospectus carefully before investing.
Information on Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including real estate, infrastructure, commodity stocks, commodities, and preferred stocks and multi-strategy solutions. Founded in 1986, the company is headquartered in New York City with offices in London, Dublin, Hong Kong and Tokyo.
Information on the Cohen & Steers SICAV Europe Real Estate Securities Fund. The fund is a sub-fund of Cohen & Steers SICAV, a Luxembourg-based undertaking for collective investment in transferable securities (UCITS). Units in the fund are only offered in accordance with the current sales prospectus, and the sale of units in the fund may be restricted in certain jurisdictions. In particular, units may not be offered or sold, directly or indirectly, in the United States or to US persons, as described in more detail in the fund prospectus. Please refer to the prospectus for additional information, including key risk considerations, including the potential for loss of capital, and details of fees and expenses. Past performance is no guarantee of future results.
Information on the Lipper Fund Awards
The annual Refinitiv Lipper Fund Awards recognize funds and fund companies that have distinguished themselves by consistently strong risk-adjusted performance compared to their competitors.
The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return Rating, a risk-adjusted performance measure that is calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each relevant classification wins the Refinitiv Lipper Fund Award. The real estate category in Austria, France and Switzerland comprises 5, 15 and 34 funds respectively over a five-year period. More information is available at lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy of Refinitiv Lipper is not guaranteed.
Learn about Lipper Leader Ratings for Consistent Return. Consistent return ratings reflect the funds' historical volatility-adjusted returns compared to their peers. The ratings are calculated for all Lipper classifications with five or more different portfolios and include both equity and bond funds. The ratings can change each month and are calculated for the following periods: 3 years, 5 years, 10 years and total. The top 20% of funds in each classification are recognized as Lipper Leaders for Consistent Return. The overall calculation is based on an equally weighted average of the percentile ranks for the metrics of Consistent Return over 3-year, 5-year, and 10-year periods (if applicable).
The Lipper Leaders for Consistent Return may be best suited for investors who value a fund's annual consistency as compared to other funds in a particular peer group. Investors are cautioned that some peer groups are inherently more volatile than others, and even the Lipper Leaders for Consistent Return in the most volatile groups may not be well suited for short-term goals or less risk tolerant investors.
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