24.05.2011 - German open-fund yields stabilise on low level – IPD
German open-ended property funds’ performance stabilised in the first quarter compared to previous quarters, albeit at a low level, says Investment Property Databank, though funds with a 10-year-plus track record show a better performance than younger ones. The current yield level points to annual yields of about 2%, its latest OFIX-All performance index shows. OFIX-All, which includes all 21 GOEPF accessible to private investors, posted a 0.2% yield in first quarter while the OFIX-10, with funds that 10-years old or older, posted 0.51%..............................................Full Article: Source
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