PGIM Global Select Real Estate Securities I Dis $

The Fund aims to provide long term capital appreciation. There can be no assurance that the investment objective will be achieved. The Fund seeks to achieve its objective through investments primarily in equity and equity related securities of real estate companies located throughout the world.{{return}}{{return}}The benchmark of the Fund is the FTSE EPRA NAREIT Developed Index (the "Benchmark"). The Fund will be actively managed and does not intend to track the Benchmark. The Benchmark is used for risk management purposes only to ensure that the Fund is managed in a manner consistent with its investment objective and risk profile. The risk management function of the Investment Manager will perform additional checks on holdings in the Fund with a weighting over or underweight the Benchmark's holdings by a threshold set by it from time to time. The Fund does not use the Benchmark as an investment limitation. While the Fund may invest in investments which are constituents of the Benchmark, its portfolio will not be constrained by reference to any index and the Fund may invest in instruments which are not included in the Benchmark.{{return}}{{return}}The Investment Manager takes a value-orientated approach to investing, based upon assessments of the fundamental value of real estate assets and of the performance and record of management teams of real estate companies. The Investment Manager analyses the quality of real estate asset cash flows and sustainability and growth of company dividends while evaluating a company's strategy, management track record of delivering high return on equity, alignment of interest and an assessment of their ability to continue to outperform the market.{{return}}{{return}}The Fund will invest in common and preferred stock, real estate investment trusts ("REITs") and preferred REITs, real estate operating companies, exchange-traded funds, depository receipts (which are securities issued by a financial institution which evidence ownership in

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No