Jun 05, 2017

It’s been a bumpy ride with this Fund. My biggest complaint is the lack of transparency and communication. Last quarterly report sent to investors was late 2016-nothing since then. This fund is making a gradual turn around, but you have no idea what is behind the quarterly statement numbers. I’m yet to see an improvement in the fund manager’s ability to inform investors how their funds are being used. To my knowledge, this is the fund manager’s first real estate fund and many of the fund issues are reflective of that.