STRATEGY
The real estate investment trust selection process is based on analysis of profitable REITs utilizing strict equity price to free cash flow guidelines. Relationships of free cash flow to the multiple of free cash flow are measured to determine whether the REIT makes it into the portfolio. REITs are selected based on historic low price to free cash flow relationships.
In structuring the portfolio, risk (BETA) is reduced in various ways. Specifically, REITs are purchased in pairs of low correlating asset classes as measured by historical price to free cash flow returns and its impact on the REIT price.
Further, the buying focus is on REITs in bullish sectors of U.S. markets. This discipline forces the purchase of REITs that benefit from larger market and economic trends.
As REITs are identified, further technical and weighting indicators are then applied. This enhances the fundamental analysis by adding a critical timing element to the buy/sell equation.
FACTS AT A GLANCE
Performance
As of Date:1/31/2017
| GeaSphere Dividend Grower | S&P 500 | |
| YTD | -0.23 | 1.79 |
| 1 Year | 17.62 | 17.41 |
| 2 Years | 10.15 | 6.87 |
| 3 Years | 11.42 | 8.53 |
| 5 Years | 14.71 | 11.66 |
| 10 Years | 10.56 | 4.71 |
| 15 Years | 10.46 | 4.79 |
| Since Inception | 9.58 | 2.93 |
