Open-end funds down in first quarter
May 13, 2014
Open-end funds had a 2.62 percent return in the first quarter 2014, a year-over-year drop of 10 basis points and a 69 basis point drop from fourth quarter 2013, according to the National Council of Real Estate Investment Fiduciaries, which has released the first quarter results for the NCREIF Fund Index - Open End.
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