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
First Trust Heitman Global Prime Real Estate ETF has an MSCI ESG Fund Rating of A based on a score of 7.05 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. First Trust Heitman Global Prime Real Estate ETF ranks in the 89th percentile within its peer group and in the 98th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
PRME CHARTS AND PERFORMANCE
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
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
PRME
PRME TOP 10 HOLDINGS[View All]
PRME Countries
PRME
PRME Regions
PRME
PRME Economic Development
PRME
PRME Performance Statistics
PRME MSCI ESG Ratings
PRME BENCHMARK COMPARISON SUMMARY
PRME
PRME BENCHMARK COMPARISON MARKET CAP SIZE
PRME
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use
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.