|
REAL ESTATE
INVESTMENT TRUST ETF ACCOUNT
Following is
a summary of information about the Real Estate Investment
Trust ETF Account. Investors are advised to learn key data
about an investment prior to making any investment decision.
Objective
The objective
of this account is to seek investment results that correspond
generally to the price and yield performance, before fees
and expenses, of the Dow Jones U.S. Real Estate Index or
a similar real estate investment trust index. It invests
solely in the Sentry Real Estate Investment Trust ETF Portfolio.
Investor
Profile
The Real Estate
Investment Trust ETF Account may be suitable for investors
who are interested in pursuing the price and yield performance
of the Dow Jones U.S. Real Estate Index or a similar real
estate investment trust index. Individuals must be willing
and able to accept considerable changes in unit price both
in the short and long term.
Investment
Strategy
Sentry Real Estate
Investment Trust ETF Portfolio invests primarily in one
or more exchange traded funds (ETFs) that seek investment
results that correspond to the price and yield performance,
before fees and expenses, of the Dow Jones U.S. Real Estate
Index or a similar real estate investment trust index. The
portfolio manager employs a passive investment strategy.
Cash may be held in the portfolio to efficiently accommodate
purchases and redemptions.
Investment
Considerations
The principal
value of the Real Estate Investment Trust ETF Account is
subject to declines primarily when interest rate levels
rise and when rental occupancy rates decline. This Account
takes a passive approach to investing in real estate and
is appropriate for investors seeking a passive investment
management approach to real estate investments for a portion
of their retirement portfolio.
PORTFOLIO
DATA
|
Asset Allocation (as of 06-30-2008) |
| | |
|---|
| iShares Dow Jones U.S. Real Estate Index Fund | 99.80% | | Cash | 0.20% |
|
|
|
|
| |
|
Key Facts (as of 06-30-2008) |
| | |
|---|
| Price/Earnings Ratio | 34.97x | | Price/Book Ratio | 3.17x | | Beta (versus S&P 500) | 1.21 |
|
|
|
|
|
|
| Top Holdings (as of 06-30-2008) | | | Range | |
|---|
| Simon Property Group, Inc. REIT | 7.34 | % | | | | ProLogis REIT | 5.19 | % | | | | Vornado Realty Trust REIT | 4.63 | % | | | | Boston Properties, Inc. REIT | 3.93 | % | | | | Public Storage, Inc. REIT | 3.79 | % | | | | Equity Residential REIT | 3.79 | % | | | | General Growth Properties, Inc. REIT | 3.22 | % | | | | Annaly Capital Management Inc. | 3.05 | % | | | | Kimco Realty Corp. REIT | 2.77 | % | | | | HCP Inc. | 2.73 | % | | | |
|
|
|
|
|
|
|
|
|
|
|
| Sentry Real Estate Investment Trust ETF Portfolio* |
| Average
Annual Returns |
Annual
Total Returns |
| (as
of
07-31-2008)
|
(as
of 12-31)
|
| | | | |
|---|
| | 1 Month | 2.29% | | | | 3 Months | (8.86)% | | | | YTD | (3.83)% | | | | 1 year | (8.78)% | | | | 3 years | N/A | | | | 5 years | N/A | | | | 10 years | N/A | | | | | | | | | | | | | | | | |
|
|
| | | | |
|---|
| | 2006 | 30.14% | | | | 2007 | (19.55)% | |
|
|
|
|
|