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Article: Real Estate Funds Get New Atten
- Article from:
- AP Online
- Article date:
- October 23, 2001
- Author:
CopyrightThis material is published under license from the Associated Press. All inquiries regarding rights should be directed to the Associated Press. (Hide copyright information)
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LISA SINGHANIA, AP Business Writer
AP Online
10-23-2001
Real Estate Funds Get New Atten
NEW YORK (AP) -- With housing prices falling and the economic recovery still elusive, real estate mutual funds might appear to be the last place investors would turn to in a volatile market.
But analysts say real estate can be a good buy for those looking for dividend income and some variety in their holdings. They caution, however, that real estate funds aren't risk-free and should only be a small part of most investors' holdings.
``There's opportunity for profit in real estate, and these funds can help in overall diversification of one's portfolio,'' said Lipper Research analyst Jeff Tjornehoj. ``But ...