PHOENIX–(COMMERCIAL THREAD) – Fundamental Income, a Phoenix-based net rental real estate platform, announces that the Net Lease Corporate Real Estate ETF (NYSE Arca: NETL) has exceeded $ 100 million in assets under management. NETL is the first and only publicly traded ETF to define the net rental industry as pure play. The fund tracks the Fundamental Income Net Lease Real Estate Index, calculated by NASDAQ, which is made up of 25 publicly traded equity REITs with over $ 150 billion in market capitalization and collectively provides investors with exposure to all 50 states. , to more than 26,000 properties, to more than 40 industries, and to more than 3,000 tenants.
The annualized total return on net asset value since NETL’s inception is 30.23% with a 30-day SEC return of 3.79%, as of June 30, 2021.
“Reaching this milestone shows that investors are seeing the benefits and opportunities associated with net rental real estate in this lower interest rate environment for longer where risk-adjusted return is in high demand.” said Alexi Panagiotakopoulos, chief investment officer of Fundamental Income. “In addition to striving for a constant total return, we have structured the fund to pay monthly dividends, capitalizing on the unique nature of long-term contractual cash flows in the net rental industry. ”
With a growing clientele, the company continues to develop. “As a unique strategy specialist, we are committed to expanding our capabilities to better serve our clients and add value in an industry we truly understand,” said Matt Brudvik, Head of Fund Distribution.
Creation date: 21/03/19
The performance data quoted represents past performance and does not guarantee future results. Actual performance may be lower or higher than the performance data quoted. The return on investment and the value of capital fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Returns less than one year are not annualized. For current performance and standard expenses visit https://www.netleaseetf.com/netl
Dividend income is not guaranteed and is subject to change.
NETL, which tracks an index calculated by NASDAQ, owns 25 public net lease REITs, traded on the NYSE or NASDAQ, which collectively own 26,364 properties in the 50 United States, with exposure to over 40 sectors and more of 3,000 tenants. As of 03/31/21, the average residual term of tenants’ leases is 12.7 years and the occupancy rate is 98.7%. Net Rental REITs strive to provide risk-adjusted benefits to investors seeking income, inflation hedge and growth, and may be suitable for those seeking real estate exposure or an equity strategy to total return.
Net Leasehold REITs are equity REITs that own properties leased to sole tenants under long-term net leases that specify that in addition to the rent, the tenant is responsible for most, if not the all real estate expenses. The most common net lease is a “triple net lease” which requires the tenant to pay property taxes, insurance and maintenance – the three net in a lease agreement. NETL is administered by US Bank Global Fund Services and is distributed by Quasar Distributors, LLC.
About basic income
Led by seven investment partners with over 50 years and $ 15 billion in cumulative transaction history, Fundamental Income is a net rental platform, focused on investing in single tenant, net leased commercial properties. to mid-market companies operating in a wide variety of industries that directly or indirectly serve the American consumer. Fundamental Income provides real estate capital solutions and leasebacks to businesses and business owners with established and growing operations across the United States. In addition to founding the Net Lease Real Estate Index, the company also raised $ 500 million in equity from a fund managed by Brookfield Asset Management (NYSE: BAM) to build a private net rental platform. For more information, please visit www.fundamental Income.com
About the Fundamental Income Net Lease Real Estate Index (NETLXT)
NETLXT is a rules-based passive index that for the first time defines and tracks the performance of the growing Net Lease real estate sector in a diversified way. The index uniquely defines a sector not by the underlying property types e.g. industrial, commercial, office, etc., but rather by the controlling legal document known as the ‘net lease’, which can be used with any type of property. The index only includes equity REITs which derive the majority of their income from net leases, ie “Net Lease REITs”. The index also places significant limits on concentration in a settlor or tenant which aims to create a diversified portfolio spanning multiple companies, investment teams, tenant industries, property types, geographic locations and, most importantly, tenants. It is not possible to invest directly in an index.
Investments involve risk. The main loss is possible. The fund may trade at a premium or at a discount to the net asset value. The shares of any ETF are bought and sold at the market price (not the NAV) and are not individually redeemed by the Fund. Brokerage commissions will reduce returns. The Index, and therefore the Fund, should concentrate its investments in real estate companies. Therefore, the value of shares of the Fund may rise and fall more than the value of shares of a fund that invests in securities of companies from a wider range of industries.
Investments in real estate companies and REITs come with unique risks, including limited financial resources, they can be traded less frequently and in limited volume, and they can be more volatile than other securities. In addition, securities in the real estate sector are subject to certain risks associated with direct ownership of real estate and the risk that the value of their underlying real estate will decline. Businesses in the net rental real estate industry can be affected by unique factors associated with leasing properties to single tenants, including reliance on the financial performance of its tenants and rental terms related to individual tenants. rent increases based on economic measures. The fund may invest in foreign securities which involve political, economic and currency risks, differences in accounting methods and greater volatility. Investments in small and medium-sized companies have historically been subject to greater investment risk than stocks of large companies.
Carefully consider the investment objectives, risk factors, fees and expenses of the Fund before investing. This and other information can be found in the Fund’s prospectus, which can be obtained by visiting www.netleaseetf.com. Read the prospectus carefully before investing.
Distributors Quasar, LLC, distributor.
The 30-day return represents the net investment income earned by the Fund during the 30-day period, expressed as an annual percentage based on the share price of the Fund at the end of the 30-day period.
NAV: The dollar value of a single share, based on the value of the fund’s underlying assets minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.