Effective 20 Mar 2023, the name of the Nuveen Global Real Estate Securities Fund was changed to Nuveen Global Real Estate Carbon Reduction Fund and the investment strategy incorporated a carbon reduction objective. These updates did not impact the portfolio management team.
Fund description
The Fund aims to provide long-term capital appreciation and current income by investing in real estate companies that have either achieved carbon neutrality, or have a target to or track record of reducing greenhouse gas emissions in a manner that is aligned with the Paris Agreement.
The Fund is reporting as an Article 9 fund under the Sustainable Finance Disclosure Regulation (SFDR).
The Fund is actively managed and is not managed in reference to a benchmark. Investors invest in shares of the Fund. The Fund is suitable for long-term investors that are prepared to accept a moderate to high level of volatility. Please see the Key Investor Information Document(s) for more information.
Highlights
- Total return potential: portfolio constructed to highlight high conviction stock ideas while preserving diverse exposure to factors such as duration, sectors, leverage and currency
- Championing carbon reduction: proprietary, rigorous approach creates a universe of real estate companies that exclusively meet our carbon reduction criteria and our “do no significant harm” threshold. The selected companies have a track record or a target to reduce carbon emissions at a pace consistent with prevailing scientific and political goals
- Deep understanding of companies: well-resourced team uses an active, bottom-up approach to take advantage of short-term mispricings and position for longer-term structural trends
