Building wealth with private real estate

For more information, please consult with your financial advisor and visit nuveen.com.

Past performance is no guarantee of future results. Data source: Index returns provided by Bloomberg. Volatility management: Public U.S. REITs are represented by FTSE NAREIT All Equity REITs Index, PrivateReal Estate is represented by NCREIF Fund Index – Open End Diversified Core Equity (NFI-ODCE). Risk-adjusted returns: U.S. commercial real estate is represented by the NCREIF NFI-ODCE Index, U.S. equities are represented by the S&P 500 Index, U.S. investment grade bonds are represented by the Bloomberg Barclays U.S. Aggregate Bond Index, U.S. T-bills are represented by 3 month U.S. T-bills.
NFI-ODCE Index The NCREIF Fund Index - Open-End Diversified Core Equity (NFI-ODCE Index) is a fund-level capitalization weighted, time-weighted return index and includes property investments at ownership share, cash balances and leverage (i.e., returns reflect the fund’s actual asset ownership positions and financing strategy). S&P 500 Index The S&P 500 is widely regarded as the best single gauge of large-cap U.S. equities. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization. Bloomberg Barclays U.S. Aggregate Bond Index The Bloomberg Barclays U.S. Aggregate Bond Index is a broad-based flagship benchmark that measures the investment grade, U.S. dollar-denominated, fixed-rate taxable bond market. The index includes Treasuries, government-related and corporate securities, MBS (agency fixed-rate and hybrid ARM pass-throughs), ABS and CMBS (agency and nonagency). FTSE NAREIT All REITs Index The FTSE Nareit All REITs Index is a market capitalization-weighted index that and includes all tax-qualified real estate investment trusts (REITs) that are listed on the New York Stock Exchange, the American Stock Exchange or the NASDAQ National Market List.

Please discuss your investment portfolio, and whether or not investment in real estate makes sense for you, with your financial advisor.

*While commercial real estate may help manage against volatility, it does not have the liquidity of a listed security. Please note real estate investments have different risk and return expectations from other asset classes, due to differences in liquidity, expenses, tax and other features. Real estate investments are not substitutes for other asset classes and should be considered in light of diversification objectives.

Asset Class Related Risks: There are risks inherent in any investment, including the possible loss of principal. Different types of asset investments have different risks and attributes resulting in different outcomes. These differences can include: investment objectives, costs and expenses, liquidity, fluctuation of principal or return, and tax features. In general, equity securities tend to be more volatile than fixed income or hybrid securities. Foreign investments may involve exposure to additional risks such as currency fluctuation and political and economic instability. The value of, and income generated by, debt securities will decrease or increase based on changes in market interest rates. High yield corporate bonds are subject to liquidity risks and heightened credit risk. Government bonds are guaranteed as to the timely payment of principal and interest.

Nuveen, LLC provides investment solutions through its investment specialists.