{"top10Holdings":{"top10TotalPctOfAsset":"44.5","holdings":[{"securityTitle":"Prologis, Inc.","percentNetAssets":"7.9"},{"securityTitle":"Equinix, Inc.","percentNetAssets":"6.1"},{"securityTitle":"VICI Properties, Inc.","percentNetAssets":"5.3"},{"securityTitle":"Brixmor Property Group, Inc.","percentNetAssets":"4.2"},{"securityTitle":"AvalonBay Communities, Inc.","percentNetAssets":"4.2"},{"securityTitle":"Ventas, Inc.","percentNetAssets":"4.0"},{"securityTitle":"UDR, Inc.","percentNetAssets":"3.9"},{"securityTitle":"Boston Properties, Inc.","percentNetAssets":"3.2"},{"securityTitle":"American Homes 4 Rent, , Class A","percentNetAssets":"2.9"},{"securityTitle":"Simon Property Group, Inc.","percentNetAssets":"2.8"}],"asOfDate":"08\/31\/2023"},"top10FixedIncomeHoldings":null,"ticker":"NRFYX","tenYearReturns":[{"year":"2022","rate":"-25.76"},{"year":"2021","rate":"28.29"},{"year":"2020","rate":"-5.57"},{"year":"2019","rate":"24.22"},{"year":"2018","rate":"-4.49"},{"year":"2017","rate":"3.86"},{"year":"2016","rate":"6.01"},{"year":"2015","rate":"4.76"},{"year":"2014","rate":"30.32"},{"year":"2013","rate":"1.17"}],"shareClasses":[{"ticker":"NRFAX","shareClass":"Class A"},{"ticker":"NRCFX","shareClass":"Class C"},{"ticker":"NRFNX","shareClass":"Class N","isBakcup":true},{"ticker":"NRFYX","shareClass":"Class Y","isDefault":true}],"shareClass":"Class Y","quarterly":{"totalNetAssets":null,"nav":{"ytd":"-3.33","threeYear":"0.53","tenYear":"4.36","qtd":"-6.01","oneYear":"3.27","mtd":"-5.91","loc":"8.25","fiveYear":"0.28"},"msc":{"ytd":"-3.33","threeYear":"0.53","tenYear":"4.36","qtd":"-6.01","oneYear":"3.27","mtd":"-5.91","loc":"8.25","fiveYear":"0.28"},"endDate":"09\/30\/23"},"pid":"01t2A000005aMSxQAM","optionPortfolioStats":null,"netExpenseRatio":"0.90","monthly":{"nav":{"ytd":"3.62","threeYear":"0.74","tenYear":"5.29","qtd":"7.19","oneYear":"0.59","mtd":"11.31","loc":"8.51","fiveYear":"1.17"},"msc":{"ytd":"3.62","threeYear":"0.74","tenYear":"5.29","qtd":"7.19","oneYear":"0.59","mtd":"11.31","loc":"8.51","fiveYear":"1.17"},"endDate":"11\/30\/23"},"maxSalesCharge":"","grossExpenseRatio":"1.16","fundNumber":"1365","fundName":"AEW Global Focused Real Estate Fund","fundInceptionDate":"08\/31\/00","fundHighlights":null,"fundFamily":"","expenseCapType":null,"expenseCapExpirationDate":"05\/31\/24","dividendSchedule":"Quarterly","distributions":[{"reinvestmentNav":"9.41","reinvestmentDate":"","recordDate":"09\/25\/23","payDate":"09\/27\/23","exDate":"09\/26\/23","dividendPerShare":"0.0800","capGainsShortTerm":"N\/A","capGainsLongTerm":"N\/A"},{"reinvestmentNav":"9.91","reinvestmentDate":"","recordDate":"06\/23\/23","payDate":"06\/27\/23","exDate":"06\/26\/23","dividendPerShare":"0.0444","capGainsShortTerm":"N\/A","capGainsLongTerm":"N\/A"},{"reinvestmentNav":"9.64","reinvestmentDate":"","recordDate":"03\/23\/23","payDate":"03\/27\/23","exDate":"03\/24\/23","dividendPerShare":"0.1431","capGainsShortTerm":"N\/A","capGainsLongTerm":"N\/A"},{"reinvestmentNav":"10.00","reinvestmentDate":"","recordDate":"12\/20\/22","payDate":"12\/22\/22","exDate":"12\/21\/22","dividendPerShare":"0.0451","capGainsShortTerm":"N\/A","capGainsLongTerm":"N\/A"},{"reinvestmentNav":"9.49","reinvestmentDate":"","recordDate":"09\/23\/22","payDate":"09\/27\/22","exDate":"09\/26\/22","dividendPerShare":"0.0465","capGainsShortTerm":"N\/A","capGainsLongTerm":"N\/A"},{"reinvestmentNav":"10.88","reinvestmentDate":"","recordDate":"06\/23\/22","payDate":"06\/27\/22","exDate":"06\/24\/22","dividendPerShare":"0.0652","capGainsShortTerm":"N\/A","capGainsLongTerm":"N\/A"},{"reinvestmentNav":"12.97","reinvestmentDate":"03\/24\/22","recordDate":"03\/23\/22","payDate":"03\/25\/22","exDate":"03\/24\/22","dividendPerShare":"0.0291","capGainsShortTerm":"N\/A","capGainsLongTerm":"0.1191"},{"reinvestmentNav":"13.34","reinvestmentDate":"12\/21\/21","recordDate":"12\/20\/21","payDate":"12\/22\/21","exDate":"12\/21\/21","dividendPerShare":"0.2102","capGainsShortTerm":"N\/A","capGainsLongTerm":"0.3188"}],"daily":{"totalNetAssets":"$56.96 million","thirtyDayUnsubsidizedSecYield":"1.88","thirtyDaySecYield":"2.40","taxEquivalentSecYield":"4.06","rateDate":"12\/01\/23","navYtd":"5.87","navQtd":"9.51","navPercentChange":"2.17","navMtd":"2.17","navLocDaily":"8.61","navChange":"0.22","nav5yDaily":"1.61","nav3yDaily":"1.05","nav1yDaily":"2.97","nav1d":"2.17","nav10yDaily":"5.52","nav":"10.36","mscYtd":"5.87","mscQtd":"9.51","mscMtd":"2.17","msc1d":"2.17","msc":"10.36"},"cusip":"63872W409","classInceptionDate":"08\/31\/00","cid":"01tF0000004AitfIAC","categoryName":"Global Real Estate","assetClasses":["Global Equity","Global Listed Real Estate"],"affiliates":["AEW"],"activeShare":{"asOfDate":"09\/30\/23","activeShare":"58.46"},"management":{"AEW":{"managers":{"1":{"name":"Robert Oosterkamp","title":"Managing Director and Lead Portfolio Manager","headshot":{"img_name":"rob-oosterkamp","format":"jpg","size":"96x96","name":"Robert Oosterkamp"},"description":"Robert Oosterkamp is a Director of the firm; he serves as Portfolio Manager, European Property Securities and is a Co-Chair of the Global Securities Allocation Committee. He is responsible for the construction of the European component of AEW\u2019s global property securities portfolios and the European mandates. Robert, who is based in AEW\u2019s affiliate office in London, joined AEW in 2005. He joined AEW from Kempen Capital Management, where he was a senior portfolio manager for European real estate securities. He also has held positions with SFS, a pension fund in the Netherlands, and ING Bank.
Robert has more than 20 years of investment management and analysis experience and is a graduate of the H.E.A.O. Business School in the Netherlands (BA) and the University of Amsterdam (MBA).","managed_since_year":"2019","joined_firm":"2005","invest_career_start":"1997","full_bio_link":"\/us\/bio\/robert-oosterkamp"},"2":{"name":"An Chen, CFA®<\/sup>","title":"Senior Vice President and Portfolio Manager","headshot":{"img_name":"an-chen","format":"jpg","size":"96x96","name":"An Chen"},"description":"An Chen is a portfolio manager for the AEW Global Focused Real Estate Fund and is based in AEW's Singapore office. She is also a member of the Global Securities Allocation Committee (GSAC), which assesses the global macroeconomic environment and any global allocation adjustments of the Fund. She joined AEW in 2010 where she previously focused on analysis of listed real estate companies and markets in the Asia Pacific region.
An's industry experience dates back to 2006 and includes roles at Prudential Asset Management in both Singapore and Hong Kong, where she served as a portfolio manager and equity analyst for Asia Pacific ex Japan Real Estate and an equity analyst for the utilities sector. She holds a bachelor's degree from King's College in London and is a CFA\u00ae<\/sup> charterholder. She is fluent in Mandarin.","managed_since_year":"2023","joined_firm":"2010","invest_career_start":"2006","full_bio_link":"\/us\/bio\/an-chen"},"3":{"name":"Peter Ho","title":"Portfolio Manager","headshot":{"img_name":"peter-ho","format":"jpg","size":"96x96","name":"Peter Ho"},"description":"Peter Ho is a portfolio manager for the AEW Global Focused Real Estate Fund. He is also a member of the Global Securities Allocation Committee (GSAC), which assesses the global macroeconomic environment and any global allocation adjustments of the Fund. He joined AEW in 2014 where he previously served as co-portfolio manager and business analyst on AEW\u2019s Asia Pacific real estate team focused on analyzing listed real estate companies and real estate markets in the Asia Pacific region.
His investment industry experience dates back to 2005. Prior to AEW, he worked at Deutsche Asset Management (RREEF) in Sydney, Australia as its lead analyst and assistant Portfolio Manager on Australian stocks. He previously held positions at UBS and JP Morgan.
Peter holds Bachelor\u2019s Degrees from the University of Technology in Sydney and the University of Humberside in Hull, England, and has a graduate diploma in Applied Finance from the Financial Services Institute of Australasia.","managed_since_year":"2023","joined_firm":"2013","invest_career_start":"2005","full_bio_link":"\/us\/bio\/peter-ho"},"4":{"name":"Gina Szymanski, CFA®<\/sup>","title":"Managing Director and Portfolio Manager","headshot":{"img_name":"gina-szymanski","format":"jpg","size":"96x96","name":"Gina Szymanski"},"description":"Gina Szymanski is a Managing Director of AEW Capital Management and a Portfolio Manager in the firm\u2019s Real Estate Securities Group for diversified strategies in the U.S. and North America. She is also a member of the Global Securities Allocation Committee, the ESG&R Committee and the Diversity, Equity & Inclusion Committee. Prior to joining AEW, Ms. Szymanski worked at Putnam Investments for over 15 years where she most recently held the title of Senior Analyst. In this role, she managed the REIT sleeve of Putnam's Research Fund and was a member of the Global Equity Research team where she was focused on stock selection and modeling for the REIT sector, Banks, Insurance and Diversified Financials. Ms. Szymanski has held roles as a Portfolio Member of the Small & Mid Cap Value team focused on Financials, Consumer and Industrials as well as a Portfolio Member of the Quantitative Equity Research team. Prior to joining Putnam Investments, Ms. Szymanski held risk management and forensic accounting roles at CIBC World Markets and Matson, Driscoll & Damico Ltd, respectively.
Ms. Szymanski earned an Honors Bachelor of Mathematics in Economics and Business Administration from the University of Waterloo and a Master of Science in Finance from Carnegie Mellon University. She is a CFA charterholder, a member of the CFA Institute and the CFA Society Boston.","managed_since_year":"2017","joined_firm":"2017","invest_career_start":"1998","full_bio_link":"\/us\/bio\/gina-szymanski"}},"title":"AEW","logo":{"affiliate_logo":"aew-capital-management","affilaite_logo_format":"png","affiliate_logo_size":"200x80","affiliate_title":"AEW"},"alias":"\/us\/investment-managers-and-capabilities\/aew-capital-management","abstract":"AEW is one of the world\u2019s largest real estate investment managers.","exclude_display":"No"}},"fund_id":"10","display_name":"AEW|Global Focused Real Estate Fund","fund_family":"Natixis Funds","description":"Alternative income and return potential from active REIT manager. Value-oriented equity strategy diversified across property types and geographic regions.","distribution_yield":"3.30","distribution_yield_date":"09\/30\/2023","alias":"aew-global-focused-real-estate-fund","fund_updates":null,"right_rail_docs":{"fact_sheet":{"doc_path":"https:\/\/cdn.mediavalet.com\/usva\/natixis\/rpgsBEyue0i9n6h9Hk9ycg\/Sz6g-t8en0iL_W7WUv7w2w\/Original\/AEW-Global-Focused-Real-Estate-Fund-Factsheet-AEWRE59.pdf","audience":"public","class":"icon-download-pdf resource ","alt":"AEW Global Focused Real Estate Fund Factsheet PDF","name":"Factsheet"},"portfolio_commentary":null,"monthly_holdings":{"doc_path":"https:\/\/www.im.natixis.com\/files\/full-holdings\/IABI_AEW_Global_Focused_Real_Estate_Fund.pdf","audience":"public","class":"icon-download-pdf resource ","alt":"AEW Global Focused Real Estate Fund Monthly Holdings PDF","name":"Monthly Holdings"},"quarterly_holdings":null,"summary_prospectus":{"doc_path":"\/us\/fund-documents\/summary-prospectus-aew-global-focused-real-estate-fund","audience":"public","class":"icon-download-pdf resource ","alt":"AEW Global Focused Real Estate Fund Summary Prospectus PDF","name":"Summary Prospectus"}},"legal_docs":{"summary_prospectus":{"doc_path":"\/us\/fund-documents\/summary-prospectus-aew-global-focused-real-estate-fund","audience":"public","class":"icon-download-pdf resource ","alt":"AEW Global Focused Real Estate Fund Summary Prospectus PDF","name":"Summary Prospectus"},"statutory_prospectus":{"doc_path":"https:\/\/cdn.mediavalet.com\/usva\/natixis\/o_0JiZf8ZEGMNmnn3VMeAg\/TberA-FV_0mjmz4-hhEvvg\/Original\/AEWStatutoryPro-XAEW51.pdf","audience":"public","class":"icon-download-pdf resource ","alt":"AEW Global Focused Real Estate Fund Statutory Prospectus PDF","name":"Statutory Prospectus"},"sai":{"doc_path":"https:\/\/cdn.mediavalet.com\/usva\/natixis\/4ZYDC1-VukmjuLD6ADwKfQ\/cKHf32Qaa0KPMMgsB-_LPA\/Original\/AEWSAI-XAEW33.pdf","audience":"public","class":"icon-download-pdf resource ","alt":"AEW Global Focused Real Estate Fund SAI PDF","name":"SAI"},"annual_report":{"doc_path":"https:\/\/cdn.mediavalet.com\/usva\/natixis\/CAlo7UAIHkSKnGCNmKiJNw\/RJZN70vsUUqrjBTPm2vdUw\/Original\/1-31AEWAnnualReport-RE58A.pdf","audience":"public","class":"icon-download-pdf resource ","alt":"AEW Global Focused Real Estate Fund Annual Report PDF","name":"Annual Report"},"semi-annual_report":{"doc_path":"https:\/\/cdn.mediavalet.com\/usva\/natixis\/I45MYwOVrkOj-ejj39TUyQ\/g3h8MMxQKEu6-bRNamgJqA\/Original\/7-31AEWSemiannualReport-RE58SA.pdf","audience":"public","class":"icon-download-pdf resource ","alt":"AEW Global Focused Real Estate Fund Semi-Annual Report PDF","name":"Semi-Annual Report"},"monthly_holdings":{"doc_path":"https:\/\/www.im.natixis.com\/files\/full-holdings\/IABI_AEW_Global_Focused_Real_Estate_Fund.pdf","audience":"public","class":"icon-download-pdf resource ","alt":"AEW Global Focused Real Estate Fund Monthly Holdings PDF","name":"Monthly Holdings"},"quarterly_holdings":null,"first_fiscal_quarter_holdings":{"doc_path":"https:\/\/cdn.mediavalet.com\/usva\/natixis\/KClON82iyECX3uPVwSG0BQ\/AC9yRlXj3k6XJ7kpgg72Dg\/Original\/AEW_Global_Focused_Real_Estate_Fund_Q1.pdf","audience":"public","class":"icon-download-pdf resource ","alt":"AEW Global Focused Real Estate Fund 1st Fiscal Quarter Holdings PDF","name":"1st Fiscal Quarter Holdings"},"third_fiscal_quarter_holdings":{"doc_path":"https:\/\/cdn.mediavalet.com\/usva\/natixis\/Ec55FAtQlUubneAVlA83xg\/ssjI_8xA9063ty3A1qNzuA\/Original\/AEW_Global_Focused_Real_Estate_Fund_Q3.pdf","audience":"public","class":"icon-download-pdf resource ","alt":"AEW Global Focused Real Estate Fund 3rd Fiscal Quarter Holdings PDF","name":"3rd Fiscal Quarter Holdings"},"proxy_voting_record":{"doc_path":"https:\/\/www.sec.gov\/cgi-bin\/browse-edgar?action=getcompany&CIK=0001095726&type=N-PX&dateb=&count=40&scd=filings&search_text=N-PX","audience":"public","class":"icon-external-link resource disclaimer-external ","alt":"AEW Global Focused Real Estate Fund Proxy Voting Record Record","name":"Proxy Voting Record"}},"marketing_docs":{"fact_sheet":{"doc_path":"https:\/\/cdn.mediavalet.com\/usva\/natixis\/rpgsBEyue0i9n6h9Hk9ycg\/Sz6g-t8en0iL_W7WUv7w2w\/Original\/AEW-Global-Focused-Real-Estate-Fund-Factsheet-AEWRE59.pdf","audience":"public","class":"icon-download-pdf resource ","alt":"AEW Global Focused Real Estate Fund Factsheet PDF","name":"Factsheet"},"portfolio_commentary":null,"performance_profile":null,"fund_overview":null,"miscellaneous_type":null},"pop":null,"show_portfolio":"1","show_cyr":"1","show_growth_chart":"1","promo_card":null,"podcast_card":null,"insights_news":[],"adtrax":"2252236.10.1","why_choose":"\r\n- For diversified exposure to real estate investment trusts (REITs)<\/li>\r\n
- As an alternative source of income and total return potential<\/li>\r\n<\/ul>","investment_strategy":"
\r\n- The fund is managed by an established real estate manager with expertise in both global property and global capital markets.<\/li>\r\n
- The managers use a value-oriented approach to identify attractively priced securities with the potential for price appreciation.<\/li>\r\n
- The research team combines top-down assessment of local market fundamentals with bottom-up, value-oriented stock selection to build a portfolio diversified by property type, leverage, yield, and geographic region.<\/li>\r\n<\/ul>","investment_strategy_disclosure":"","list_of_risks":"REITs Risk, Small-Cap Securities Risk, Equity Securities Risk, Currency Risk, Foreign Securities Risk","risks":[{"title":"REITs Risk","description":"Real estate investing may be subject to risks including but not limited to declines in the value of real estate, risks related to general economic conditions, changes in the value of the underlying property owned by the trust and defaults by borrowers. "},{"title":"Small-Cap Securities Risk","description":"Smaller company investments can be more volatile than those of larger companies. \r\n"},{"title":"Equity Securities Risk","description":"Equity securities are volatile and can decline significantly in response to broad market and economic conditions."},{"title":"Currency Risk","description":"Currency exchange rates between the US dollar and foreign currencies may cause the value of the fund's investments to decline.\r\n"},{"title":"Foreign Securities Risk","description":"Foreign securities may involve heightened risk due to currency fluctuations. Additionally, they may be subject to greater political, economic, environmental, credit, and information risks. Foreign securities may be subject to higher volatility than US securities, due to varying degrees of regulation and limited liquidity."}],"objective":"Seeks to provide investors with above-average income and long-term growth of capital","asset_classes":["Equity Income","Global Equity","Global Listed Real Estate"],"fund_disclosure":"","shareclass_disclosure":"The performance results shown above for the periods prior to the stock market close on May 31, 2019, reflect results achieved using a different investment strategy.","lock_image_path":"\/templates\/natixis\/images\/tmplicons\/lock.svg","lock_image_class":"floatright","lock_image_alt":"Financial Professional content \u2013 requires login"}