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

Featured Insights

Real Estate Related Company Insights

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

Performance

 
AS OF 1 MONTH 3 MONTHS 6 MONTHS YEAR-TO-DATE 1 YEAR 3 YEARS 5 YEARS 10 YEARS SINCE INCEPTION 2023 2022 2021 2020
April 30, 2024 -6.76% -3.83% 8.73% -5.28% -4.81% - - - -6.93% 6.38% - - -

Distributions

Total NAV & Distributions (since inception)  
RECORD DATE PAYMENT DATE PAYMENT AMOUNT
April 30, 2024 May 15, 2024 0.04167
April 30, 2024 May 15, 2024 0.04167
March 31, 2024 April 15, 2024 0.04167
February 29, 2024 March 15, 2024 0.04167
January 31, 2024 February 15, 2024 0.04167
RECORD DATE PAYMENT DATE PAYMENT AMOUNT
December 31, 2023 January 15, 2024 0.04167
November 30, 2023 December 15, 2023 0.04167
October 31, 2023 November 15, 2023 0.04167
September 30, 2023 October 13, 2023 0.04167
August 31, 2023 September 15, 2023 0.04167
July 31, 2023 August 15, 2023 0.04167
June 30, 2023 July 14, 2023 0.04167
May 31, 2023 June 15, 2023 0.04167
April 30, 2023 May 15, 2023 0.04167
March 31, 2023 April 14, 2023 0.04167
February 28, 2023 March 15, 2023 0.04167
January 31, 2023 February 15, 2023 0.04167
RECORD DATE PAYMENT DATE PAYMENT AMOUNT
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
May 31, 2022 June 15, 2022 0.04167

Fund Details

Sector Allocation (%)

As Of March 31, 2024
Real Estate 100.00%

Geographic Allocation (%)

As Of March 31, 2024
Canada 50.60%
U.S. 45.70%
International 3.70%

Top 10 Holdings

1 Chartwell Retirement Residences 9.50%
2 Boardwalk REIT 9.00%
3 Equinix Inc. 8.60%
4 Killam Apartment REIT 8.00%
5 InterRent REIT 7.80%
6 Prologis Inc. 7.60%
7 Welltower Inc. 7.30%
8 AMERICAN HOMES 4 RENT 7.10%
9 Granite REIT 6.70%
10 First Capital REIT 6.00%
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