The Q4 2023 ANREV ODCE (Open End Diversified Core Equity) Fund Index results were released on 28 February 2024 and showed a net total return of 3.83%. This marks the first quarter of positive returns following three consecutive quarters of negative returns.

Key highlights:

• Capital growth recovered to 3.14%, while the distributed income return stands at 0.69%.
• After taking out the currency impact of 4.47%, the Local Currency Equivalent Net Return is reported at -0.64%.
• The index features 8 funds, accounting for US$22.3 billion of GAV as of the fourth quarter of 2023.

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