The investment seeks total return. The fund invests at least 80% of its total assets in a portfolio of non-U.S. real estate equity securities. Real estate equity securities include common stocks, preferred stocks and other equity securities issued by real estate companies, including real estate investment trusts (REITs) and similar REIT-like entities. It may invest up to 20% of its total assets in U.S. real estate equity securities, including U.S. REITs. The fund may invest up to 15% of its total assets in emerging market companies.