The Real Estate Investment Trust (REIT) Index Portfolio seeks to provide a high level of income and moderate longterm capital appreciation by tracking the performance of a benchmark index that measures the performance of publicly traded equity REITs.
The REIT Index Portfolio invests entirely in the Vanguard REIT Index Fund (the “REIT Index Fund”), which employs an indexing investment approach designed to track the performance of the MSCI US REIT Index. The Index is composed of stocks of publicly traded Equity Real Estate Investment Trusts (known as REITs). The REIT Index Fund attempts to replicate the Index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.
Because the REIT Index Portfolio invests entirely in the Vanguard REIT Index Fund, the Portfolio is subject to a high level of industry concentration risk and interest rate risk. The Portfolio is also subject to stock market risk and investment style risk.View Vanguard Site — REIT Index Portfolio
Average Annual Returns
Updated Monthly as of 12/31/2018
|1 Year||3 Year||5 Year||Since Inception Sep 2005|
|Real Estate Investment Trust Index||-6.01%||2.23%||7.29%||6.18%|
|Real Estate Investment Trust Index Benchmark||-4.67%||2.77%||7.67%||6.11%|
Returns are net of fees.
The Real Estate Investment Trust Index Portfolio’s Benchmark is a blended composite benchmark reflecting the asset strategic benchmark index components for each underlying investment manager, and an adjustment reflecting the administrative fee for the Portfolio:
MSCI REIT Index
|As of 1/15/2019||$ 22.37|
Portfolio Fee as of 11/30/2018
|Asset Management Fees||0.10%|
|Inception Date||Sep 2005|