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KIC000147 - t I E Real Estate Investment Trusts 3.3 l A...

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Unformatted text preview: t I E % Real Estate Investment Trusts 3 .3 l A real estate investment Wst(REIT)z D is a dosed—end mutual fund that invests in real estate or mortgages :IAllows small investors to participate with a low minimum investment t:l Generates income by passing through rents on real estate or interest paymts on rnoflgages I: Can typically be sold on a stock exchange El Can be either classified as an equity REIT4 a mortgage REIT, or a hybrid I Interaction with Other Financial institutions .W Interaction with Other Financial Institutions (cont’d) mun-Mme“: mandate-5mm 3mm“! minimum-12min l 18 Ht ...
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