The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GLRA’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the GLRA management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of GLRA’s parent organization’s priorities and whether they’re in line with investors’ interests.
Brian Paoli
Associate Analyst
Summary
Global real estate at a fair price. SPDR Dow Jones Global Real Estate ETF effectively represents the global real estate market, yet prefers US assets more than most.