S - Fidelity Real Estate Investment Portfolio Q2 2025 Commentary
2025-07-25 12:45:00 ET
Market Review
For the first quarter of 2025, the U.S. real estate investment trust market, as measured by the MSCI ( MSCI ) U.S. IMI Real Estate 25/ 50 Linked Index, gained 2.69%, significantly outperforming the-4.27% return of the broad U.S. stock market, according to the S&P 500 (SP500), (SPX)* index. During the period, post-election optimism gave way to investor concern about the impact of a flurry of executive actions by the new administration, disruption to government programs and a spike in uncertainty stemming from shifting policy priorities, especially related to trade and tariffs....
Fidelity Real Estate Investment Portfolio Q2 2025 Commentary