What is the Fund’s target portfolio composition?
The Fund’s investment strategy and open-ended structure allows for flexibility across several product types and are designed to deliver risk-adjusted returns and income in any market environment by tactically moving to where the market is providing mispriced buying and selling opportunities. The Fund will generally target the following portfolio composition ranges:
| Portfolio Component | Target Range | Minimum Target |
|---|---|---|
| Multifamily Debt Securitizations | 20% – 75% | No less than 20% |
| Direct Financing | 30% – 75% | No less than 30% |