Principal Investment Strategies

M1 invests in a portfolio comprised of hard assets (multi-family housing) and equity securities of companies in the real estate industry, including real estate investment trusts (REITs) and mutual funds. Our plan is to hold at least 60% of our assets in hard assets and 40% in equity securities (REITS and mutual funds).

Friday, October 5, 2012

Securities Portfolio Performance as of September 30, 2012


As of September 30, 2012, M1’s securities portfolio was valued at $519,146, approximately 14.1% of total assets. The portfolio is comprised of real estate investment trusts and mutual funds, allocating 22% in residential, 10% in office and industrial, 12% in mortgage, 18% in retail, 8% in student housing, and 30% in CGM Realty fund.  Our three largest holdings were in the following mutual fund/REITs:  CGM Realty fund, Realty Income, and Annaly Capital.  During the 3Q12, we added to our positions in Home Properties, Annaly Capital, American Campus Communities, and Realty Income.

Our securities portfolio performance during the third quarter was 0.26%; since inception our securities portfolio has returned 26.75%.
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