LONDON, April 30, 2024 /PRNewswire/ -- Cohen &
Steers, Inc. (NYSE: CNS) announced today that the Cohen &
Steers SICAV European Real Estate Securities Fund (the "Fund")
has received a 2024 LSEG Lipper Fund Award for the Fund's strong
risk-adjusted performance for the 3-, 5- and 10-year periods ending
December 31, 2023.
The Cohen & Steers SICAV European Real Estate Securities
Fund was recognized for the 3-, 5- and 10-year periods in
France and Germany. The Fund was also recognized for the
3- and 10-year periods in Austria
and Europe, for the 3-year period
in the Nordics and the 10-year period in Switzerland. This is the sixth consecutive
year Lipper has recognized the Cohen & Steers SICAV European
Real Estate Securities Fund.
Rogier Quirijns, Head of European Real Estate, said:
"We are honored to be recognized by the LSEG Lipper Fund Awards
for our European listed real estate performance. We believe
European real estate securities continue to trade at attractive
valuations following their trough in October
2023 and that pullbacks in the market can present attractive
entry points. As a result, we have observed investors allocating
away from direct real estate to European listed real
estate."
In 2023, the Fund received a Lipper Fund Award in the Equity
Sector Real Estate European category for the 3-, 5- and 10-year
periods in Austria, Europe, France and the
Netherlands. It was also recognized for the 10-year period
in Switzerland. In 2024, the
European Real Estate category included the following numbers of
funds:
|
|
|
Trailing Period
Awarded
|
Number of funds
in each trailing
period category
|
Fund
|
Category
|
Country
|
3
|
5
|
10
|
3
|
5
|
10
|
Cohen &
SteersSICAV
European Real
Estate
Securities
Fund
|
Equity
Sector Real
Estate
Europe
|
Austria
|
✔
|
|
✔
|
14
|
|
14
|
Europe
|
✔
|
|
✔
|
15
|
|
14
|
France
|
✔
|
✔
|
✔
|
32
|
31
|
28
|
Germany
|
✔
|
✔
|
✔
|
15
|
15
|
14
|
The Nordics
|
✔
|
|
|
16
|
|
|
Switzerland
|
|
|
✔
|
|
|
19
|
This is a marketing communication. Please refer to the
prospectus of the Cohen & Steers SICAV and to the KIID before
making any final investment decisions.
About Lipper Fund Awards. The LSEG Lipper Fund Awards,
granted annually, highlight funds and fund companies that have
excelled in delivering consistently strong risk-adjusted
performance relative to their peers.
The LSEG Lipper Fund Awards are based on the Lipper Leader for
Consistent Return rating, which is an objective, quantitative,
risk-adjusted performance measure calculated over 36, 60 and 120
months. The fund with the highest Lipper Leader for Consistent
Return (Effective Return) value in each eligible classification
wins the LSEG Lipper Fund Award. For more information, see
lipperfundawards.com. Although LSEG Lipper makes reasonable efforts
to ensure the accuracy and reliability of the data used to
calculate the awards, their accuracy is not guaranteed.
About Cohen & Steers SICAV Funds. The Funds are
sub-funds of Cohen & Steers SICAV, a Luxembourg-domiciled undertaking for
collective investment in transferrable securities (UCITS). Shares
of the Funds are only offered pursuant to the current prospectus
and the sales of shares of the Funds may be restricted in certain
jurisdictions. In particular, shares may not be offered or sold,
directly or indirectly in the United
States or to U.S. persons, as more fully described in the
Funds' prospectus. Please see the prospectus for additional
information including important risk considerations, potential loss
of capital, and details about fees and expenses. Past performance
is no guarantee of future results.
About Cohen & Steers. Cohen & Steers is a leading
global investment manager specializing in real assets and
alternative income, including listed and private real estate,
preferred securities, infrastructure, resource equities,
commodities, as well as multi-strategy solutions. Founded in 1986,
the firm is headquartered in New York
City, with offices in London, Dublin, Hong
Kong, Tokyo and
Singapore.
This material should not be relied upon as investment advice,
does not constitute a recommendation to buy or sell a security or
other investment and is not intended to predict or depict
performance of any investment. It does not constitute investment
advice or a recommendation or offer. We consider the information in
this communication to be accurate, but we do not represent that it
is complete or should be relied upon as the sole source of
suitability for investment.
Past performance does not predict future returns. If the
currency in which the past performance is displayed differs from
the currency of the country in which an investor resides, then the
investor should be aware that due to the exchange rate fluctuations
the performance shown may be higher or lower if converted into the
investor's local currency. Risks involved with investment,
including potential loss of capital, are substantial and should be
carefully considered. The Fund is actively managed. The composition
of the Fund is not constrained by the composition of the
benchmark.
Cohen & Steers Ireland Limited is the management
company of Cohen & Steers SICAV (the "Management Company") and
is authorized and regulated by the Central Bank of Ireland (No.C188319). The Management Company
has appointed Cohen & Steers UK Limited, which is
authorized and regulated by the Financial Conduct Authority
(FRN458459), as the distributor for the shares of the Fund.
Cohen & Steers Capital Management, Inc. is a US
registered investment advisory firm that provides investment
management services to corporate retirement, public and union
retirement plans, endowments, foundations and mutual funds.
Cohen & Steers Asia Limited is authorized and regulated
by the Securities and Futures Commission of Hong Kong (ALZ367). Cohen & Steers
Japan Limited is a registered financial instruments operator
(investment advisory and agency business and discretionary
investment management business with the Financial Services Agency
of Japan and the Kanto Local
Finance Bureau No. 3157) and is a member of the Japan Investment
Advisers Association. Cohen & Steers Singapore Private
Limited is a private company limited by shares in the Republic
of Singapore.
For investors in Switzerland: The state of the origin of
the fund is Luxembourg. In
Switzerland, the representative is
ACOLIN Fund Services AG, Leutschenbachstrasse 50, CH-8050
Zurich, whilst the paying agent is
Helvetische Bank AG, Seefeldstrasse 215, CH-8008, Zurich. The prospectus, the basic information
sheet or the Key Investor Information Documents, the articles of
association as well as the annual and semi-annual reports may be
obtained free of charge from the representative. In respect of the
units offered in or from Switzerland, the place of performance and
jurisdiction is at the registered office of the representative.
This document provides the investors with key investor information.
It is not marketing material.
This communication is not contractually binding or legislatively
required. This communication is not sufficient to make an
investment decision. For more information regarding the Cohen &
Steers SICAV please visit our website located here
(https://www.cohenandsteers.com/), where you can obtain a copy of
the most recent prospectus
(https://www.cohenandsteers.com/SICAV-Literature) and KIID
documents. Investors and potential investors can obtain a summary
in English of investor rights, and information on access to
collective redress mechanisms if available, in the prospectus. The
manager may determine to terminate any arrangements made for
marketing the shares in one or more jurisdictions in accordance
with the UCITS Directive, as may be amended from time to time.
Website: https://www.cohenandsteers.com
Symbols: NYSE: CNS
View original
content:https://www.prnewswire.co.uk/news-releases/cohen--steers-sicav-european-real-estate-securities-fund-receives-lseg-lipper-fund-award-302130750.html