Gone4Good
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Sep 9, 2005
- Messages
- 5,381
Has anyone looked into this, or a similar, fund FIREX?
The expenses are quite high at 1.25% but the idea of international real estate exposure tickles my fancy of finding new eggs for the basket. I haven't spent any time following trends in international real estate but I've heard many areas are at least as ridiculous as here in the states. Top concentrations for the fund are in Japan (22.2%), UK (21.1%), Australia (19.6%), and Hong Kong (12.4%). I remember hearing that Japan real estate is turning the corner and Australia's boom has already "bust" but don't really know.
Any thoughts?
The expenses are quite high at 1.25% but the idea of international real estate exposure tickles my fancy of finding new eggs for the basket. I haven't spent any time following trends in international real estate but I've heard many areas are at least as ridiculous as here in the states. Top concentrations for the fund are in Japan (22.2%), UK (21.1%), Australia (19.6%), and Hong Kong (12.4%). I remember hearing that Japan real estate is turning the corner and Australia's boom has already "bust" but don't really know.
Any thoughts?