3 out of 5 stars
Morningstar has awarded this fund 3 stars based on its risk-adjusted performance compared to the 10 funds within its Morningstar Global Real Estate Category.
How is it determined?
A fund's Overall Morningstar Rating (TM) is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. Please see the ratings tab for more information about methodology.
|3 Yr.||Out of 10 funds|
|5 Yr.||Out of 9 funds|
What does it mean?
A fund's Morningstar Rating is a quantitative assessment of a fund's past performance that accounts for both risk and return, with funds earning between 1 and 5 stars. As always, this rating system is designed to be used as a first step in the fund evaluation process. A high rating alone is not sufficient basis upon which to make an investment decision.