Fund Type:Fund of Funds
Asset Class:Real Estate
BlackRock Direct Real Estate Fund
BlackRock Direct Real Estate Fund (BRDREFA:AU)
BlackRock Direct Real Estate Fund is a unit trust incorporated in Australia. The Fund aims to outperform the Mercer Unlisted Property Funds Index (before fees and taxes) over rolling five year periods. The Fund invests in the Merrill Lynch Property Trust, which invests predominantly in a portfolio of direct property and may also invest up to 25% of its assets in unlisted property trusts.