- NRO invests in a portfolio of real estate securities that generate income for investors.
- The fund appears to be following a contrarian strategy, which has merit but could pose problems if things do not return to normal quickly.
- Real estate offers an excellent way for investors to protect their wealth against inflation and even grow it.
- The fund had to cut the distribution earlier this year in response to fairly hefty capital losses that it took in 2020.
- The fund appears reasonably valued but a better entry point may become available.
For further details see:
NRO: Real Estate For Wealth Preservation And Income