The Q1 2024 ANREV ODCE (Open End Diversified Core Equity) Fund Index results were released on 29 May 2024 and posted a net total return of -3.90%, down 773 bps from 3.83% posted in Q4 2023.

Key highlights:

• Capital growth dropped by 770 bps to -4.61%, while the distributed income return stands at 0.71%.
• After taking out the currency impact of -4.20%, the index delivered a Local Currency Equivalent Net Return of 0.30%.
• The index features 8 funds, with a total GAV of US$21.3 billion as of the first quarter of 2024.

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