Middlefield Sustainable Real Estate Dividend Fund

Fund Description

Middlefield Sustainable Real Estate Dividend Fund is an actively managed, diversified portfolio investing primarily in companies involved in creating and transforming sustainable real estate while also paying stable monthly cash distributions.

Key Reasons to Invest:

  • actively managed, internationally diversified portfolio of companies that provide sustainable real estate solutions
  • exposure to leading companies that are creating and transforming the green property and related sectors by employing or developing sustainable property management practices or materials
  • integrates Environmental, Social & Governance considerations to complement fundamental analysis in selecting investments believed to have sustainable competitive advantages

MSRE.UN 

Closing price  Ways To Invest Fact Sheet Prospectus (English) Prospectus (French) All Fund Documents

Fund Overview

  • Ticker/CUSIP:
    MRSE.UN/86934J108
  • Inception Date:
    March 30, 2022
  • Monthly Distribution:
    $0.04167
  • Advisor:
    Middlefield Capital Corporation
  • Eligibility :
    RRSPs, RRIFs, DPSPs, RESPs and TFSAs
  • Management Fee:
    1.25%
  • Risk Rating:
    Not Rated
  • Exchange:
    Toronto Stock Exchange

Fund Managers

Headshot of Dean Orrico
Dean Orrico
President and Chief Executive Officer
Headshot of Robert Lauzon
Robert F. Lauzon
Managing Director and Chief Investment Officer
Headshot of Mallika Verma
Mallika Verma
Investment and ESG Analyst

Distributions

Total NAV & Distributions (since inception)  
Show More
RECORD DATE PAYMENT DATE PAYMENT AMOUNT
March 31, 2023 April 14, 2023 0.04167
February 28, 2023 March 15, 2023 0.04167
January 31, 2023 February 15, 2023 0.04167
December 31, 2022 January 13, 2023 0.04167
November 30, 2022 December 15, 2022 0.04167
October 31, 2022 November 15, 2022 0.04167
September 30, 2022 October 14, 2022 0.04167
August 31, 2022 September 15, 2022 0.04167
July 31, 2022 August 15, 2022 0.04167
June 30, 2022 July 15, 2022 0.04167

Fund Details

Sector Allocation (%)

As Of December 31, 2022
Residential REITs 17.50%
Industrial REITs 17.00%
Specialized REITs 15.30%
Retail REITs 13.00%
Building Products 8.10%
Construction Materials 6.50%
Office REITs 5.30%
Health Care REITs 3.70%
Steel 3.70%
Real Estate Operating Companies 3.10%
Forest Products 2.60%
Industrial Conglomerates 2.30%
Health Care Facilities 1.80%

Geographic Allocation (%)

As Of December 31, 2022
Canada 32.90%
U.S. 54.10%
International 13.00%

Top 10 Holdings

1 Granite REIT 5.20%
2 Prologis Inc. 4.90%
3 Dream Industrial REIT 4.40%
4 Canadian Apartment Properties REIT 4.10%
5 Simon Property Group Inc. 3.90%
6 Equinix Inc. 3.80%
7 Choice Properties REIT 3.30%
8 First Capital REIT 3.20%
9 American Tower Corp. 3.10%
10 Alexandria Real Estate Equities Inc. REIT 3.10%
Close
Subscribe to Our Insights!
Flyout Form