MRESX – Cromwell CenterSquare Real Estate Inv Investment Strategy | Morningstar

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Strategy

The investment seeks to achieve a combination of income and long-term capital appreciation. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in stocks of companies principally engaged in the real estate industry. The Subadvisor considers a company to be principally engaged in the real estate industry if it derives at least 50% of its revenues or profits from the ownership, construction, management, financing or sale of residential, commercial or industrial real estate, or has at least 50% of its assets invested in residential, commercial or industrial real estate. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MRESX	Cromwell CenterSquare Real Estate Fund Investor Class	No Load	Open			Dec 31, 1997	$43.49M	1.120%	Average	$2,000	−$9.95M
MRASX	Cromwell CenterSquare Real Estate Fund Institutional Class	Institutional	Open			Feb 24, 2017	$38.83M	1.020%	Above Average	$100,000	−$6.68M

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