PRME
First Trust Heitman Global Prime Real Estate ETFPRME Fund Description
PRME is an actively-managed portfolio of global REITs and real estate companies with holdings in high-value markets and properties.
PRME Factset Analytics Insight
PRME's active manager seeks out only the finest global real estate. The REITs and operating companies it holds must have at least 75% of their assets located in so-called prime cities—those that dominate their region and have major ties to global trade, as determined by sub-advisor Heitman. Further, at least half of all assets must be high-value, "prime" assets. It's essentially a growth play, betting that the global urbanization trend will continue and that currently-valuable properties will be even more valuable in the future. Consequently, the issuer expects its holdings to have relatively low cap rates; that is, lower income.With no index to track, the manager has broad leeway to reconfigure the fund's portfolio at any time. However, like most active funds, PRME charges a lot more than most of its indexed peers. It's also more concentrated, potentially holding as few as 25 names. As a result, investors will need a high degree of confidence in both the fund's thesis and the manager's ability to deliver it.
PRME MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of February 14, 2019 the First Trust Heitman Global Prime Real Estate ETF MSCI ESG Fund Quality Score is 5.23 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. PRME ranks in the 70th percentile within its peer group and in the 40th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
PRME CHARTS AND PERFORMANCE
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PRME Top 10 Countries
PRME Top 10 Sectors
PRME Top 10 Holdings [View All]
PRME Portfolio Data
PRME Portfolio Management
PRME Tax Exposures
PRME Fund Structure
PRME Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PRME. PRME is rated a 4 out of 5.
PRME Tradability
PRME Sector/Industry Breakdown
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PRME TOP 10 HOLDINGS[View All]
PRME Countries
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PRME Regions
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PRME Economic Development
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PRME Performance Statistics
PRME MSCI ESG Ratings
PRME BENCHMARK COMPARISON SUMMARY
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PRME BENCHMARK COMPARISON MARKET CAP SIZE
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MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.