Unlike traditional single-strategy funds that focus on just one style or asset class, multi-strategy funds like RACR are designed to have multiple points of possible alpha generation. With an investment strategy that includes multiple asset classes, fund managers also have more flexibility to pivot allocations based on market conditions. For illustrative purposes only. Not indicative of any fund asset.
Income and Capital Appreciation Opportunity. Tax Efficient 8. Potential for Lower Volatility and Correlation. Depending on when an investor purchased their shares, the annualized distribution rate may be higher or lower. Based on current estimates, the Fund expects a portion of the distributions to be a return of capital. There is no guarantee that investors will receive a distribution. Cash flow from real estate investments may exceed taxable income because of non-cash depreciation expense deductions.
This may result in return of capital distributions for investors. Assumes dividends are reinvested. Steve Altebrando. Multiple points of possible alpha generation. Diversification and risk mitigation. Past performance is not a guarantee or an indicator of future results. Source: Morningstar. The inception date used for products with underlying funds, or multiple shares classes, or are offered as a separate account, strategy or sub account, may be the inception date of the underlying fund, the earliest share class of the product, or the date composite performance for the product was first m ade available.
Any fees not reflected would lower the returns. Benchmark returns include reinvestment of capital gains and dividends, if any, but do not reflect any fees or expenses. It is not possible to invest in an index. Past performance is no guarantee of future results. This chart is not intended to imply any future performance of the investment product. Index performance is shown for illustrative purposes only as i all indices referenced above are unmanaged, ii index performance does not reflect the expenses associated with active management of an actual portfolio, iii the composition of each of the indices differs significantly from that of the portfolio of the Fund and iv investors cannot invest directly in an index.
The performance data quoted above represents past performance. Past performance does not guarantee future results. The performance data does not reflect the deduction of taxes that a shareholder would pay on any fund distributions or the sale of fund shares.
