Real estate fund catches a ride on the U.S. housing boom wave - 2005-03-04
Buying and selling houses isn't the only way to hop on the residential real estate boom train. Just ask managers and their investors at some specialized mutual funds that have cashed in big lately on the soaring shares of homebuilding companies.
The Alpine U.S. Real Estate Fund, up 35.4 percent a year since mid-February 2000, and the CGM Realty Fund, with a 31.9 percent annual gain, both rank among the top five performers for the past five years among 8,000 U.S. stock and bond funds.
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