One could say that 2011 was the year when Brazilian real estate funds have been officially established as a valid alternative investment. Considering that Bovespa sank almost 20% in 2011, one could say that these funds were a safe bet. Some figures to keep in mind (via Valor Economico):
– These types of portfolio moved a volume of R$912.46 million in the stock market – an increase of 140% over 2010’s volume of R$379.09 million;
– 77,075 transactions in 2011 against 24,983 in 2010… up 208%;
– 2011 ended with 66 registered and licensed real estate funds trading in the Brazilian stock markets.
The full list of funds (and their respective tickers) can be found here.
Best Performers of 2011
Worst Performers of 2011