UCITS

Overview

The Fund seeks long-term capital appreciation through investment in REITs and REIT-like entities.

Our evidence-based security selection process focuses on the metrics within environmental, social and governance (ESG) criteria that research has shown to be most material for real estate companies.
Efficient portfolio management and trading processes keep turnover low that is designed to reduce unnecessary costs.

Key Facts

Ticker	VGSR	Number of Positions	148
Fund Type	ETF	Portfolio Turnover Rate	9%
Inception Date	10/31/2017	Dividend Frequency	quarterly
Category	Global Real Estate	Total Fund Annual Operating Expense Ratio	0.56%
Benchmark	S&P Global REIT Index (Net)	Total Fund Annual Operating Expenses After Fee Waiver	0.45%
Exchange	NASDAQ

Documents

Annual Report & Accounts (November)

Constitutional Document

ESG Report

Fact Sheet

Investor Tax Reporting - Germany

Investor Tax Reporting – UK

Monthly Holdings

PRIIPs KID – English

PRIIPs KID – German

PRIIPs KID – Dutch

Prospectus

Prospectus with Country Supplements

Sustainability-Related Disclosures (EU SFDR)

UCITS KID - English

UCITS Summary of Registration

Characteristics

UCITS Quarterly Characteristics (as of 3/31/2025)

Characteristics
Wtd. Average Market Cap. ($Millions)	34,540
Aggregate Price-to-Book	1.69
Number of Holdings	148

Sector Weights
Specialized REITs	21.73%
Retail REITs	18.20%
Industrial REITs	16.54%
Residential REITs	14.77%
Health Care REITs	12.45%
Office REITs	7.26%
Diversified REITs	7.09%
Hotel & Resort REITs	1.97%

Top Holdings
American Tower Corp	5.23%
Welltower Inc	5.14%
Simon Property Group Inc	4.93%
Digital Realty Trust Inc	4.81%
Equinix Inc	4.80%
Prologis Inc	4.66%
Goodman Group	3.87%
Extra Space Storage Inc	3.55%
AvalonBay Communities Inc	3.44%
Ventas Inc	3.28%

Top Countries
United States	70.01%
Australia	8.65%
Japan	6.48%
United Kingdom	4.88%
France	3.13%
Singapore	2.59%
Belgium	1.42%
Canada	0.82%
Spain	0.62%
South Africa	0.43%

Disclosures

This webpage is issued by Vert Asset Management LLC (“VAM”) and does not constitute or form part of any offer or invitation to buy or sell shares. It should be read in conjunction with the Fund’s Prospectus, key investor information document (“KIID”) or offering memorandum. VAM is authorised and regulated by the United States Securities and Exchange Commission. The Company’s registered office is 85 Liberty Ship Way, Sausalito, California, 94965. The price of shares and income from them can go down as well as up and past performance is not a guide to future performance. Investors may not get back the full amount originally invested. A comprehensive list of risk factors is detailed in the Prospectus and KIID and an investment should not be contemplated until the risks are fully considered. The contents of this document are based upon sources of information believed to be reliable. VAM has taken reasonable care to ensure the information stated is accurate. However, VAM makes no representation, guarantee or warranty that it is wholly accurate and complete.

This is a marketing communication. Please refer to the Supplement, the Prospectus, any other offering document and the KIID in relation to the Fund before making any final investment decision.

A copy of the English version of the Supplement, the Prospectus, and any other offering document and the KIID is available at www.vertfunds/investments/ucits. As required under national rules, the KIIDs and any other applicable documents are also available in the official language of the relevant jurisdiction where the Fund is marketed, or in another language accepted by the national competent authorities of that jurisdiction.

A summary of investor rights associated with an investment in the Fund is available in English at www.vertfunds/investments/ucits. A decision may be taken at any time to terminate the arrangements for the marketing of the Fund in any jurisdiction in which it is currently being marketed. In such circumstances, Shareholders in affected EEA Member State will be notified of any decision to terminate marketing arrangements in advance and will be provided the opportunity to redeem their shareholding in the Company free of any charges or deductions for at least 30 working days from the date of such notification.

Investing in the Fund involves risks, including the risk that you may lose part or all of the money you invest. For additional risks specific to this Fund, please see the Principal Risks and Additional Information on Investment Policies and Risks sections of the Prospectus.

The Vert US Funds are offered only to United States residents, and information on this site is intended only for such persons.

The Vert UCITS Funds are offered only to non-United States residents, and information on this site or any site redirected to is intended for only such persons.

Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of any Vert Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.

Portfolios are managed according to their respective strategies which may differ significantly in terms of security holdings, industry weightings, and asset allocation from those of the benchmark(s). Portfolio performance, characteristics and volatility may differ from the benchmark(s) shown. Average annual total return measures net investment income and capital gain or loss from portfolio investments as an annualised average. All performance shown assumes reinvestment of dividends and capital gains distributions.

This document does not constitute an offer or solicitation to invest in the Fund. It is directed only at professional/sophisticated investors and it is for their use and information. This document should not be shown or given to retail investors. Any entity responsible for forwarding this material to other parties takes responsibility for ensuring compliance with the financial promotion rules.

Holdings and weightings are subject to change. Holdings are provided for informational purposes only.

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