The advantage of the AVENTOS Global Real Estate Securities Fund is that its investments are chosen by proven real estate and capital market experts, who thoroughly analyse real estate companies’ portfolios to identify undervaluations in their stock market valuations. This strategy would not be feasible with a passively managed index fund (ETF). As demonstrated by experience and numerous empirical studies: Actively managed funds have often outperformed passive funds, especially in the area of real estate shares.22 DPN: „Bei REITs empfiehlt sich aktives Management“, 04.01.2021, https://www.dpn-online.com/perspectives/principal/bei-reitsempfiehlt-sich-aktives-management-94865/