The strategy provides exposure to publicly traded U.S. Real Estate Investment Trusts (REITs) – companies that purchase office buildings, hotels, and other real estate property. REITs have historically performed differently than stocks and bonds, so this strategy has the potential to provide diversification to a traditional equity and fixed income portfolio. Within its universe, the strategy focuses on high-quality securities with low relative prices. The strategy also considers such factors as momentum, size, and liquidity. The investment objective of the strategy is to achieve long-term capital appreciation.