The Q3 2025 ANREV ODCE (Open End Diversified Core Equity) Fund Index posted flat net total returns of 0.00%, down from 5.47% posted in Q2 2025.

Key highlights:

• Capital growth currently stands at -0.68%, down from 4.80% posted in Q2 2025. While the distributed income return was up by 1 bp from the previous quarter, posting 0.68%.

• After taking out the currency impact of -1.14%, the index delivered a local currency equivalent net total return of 1.14%.

• The index features 8 funds with a total GAV of US$21.1 billion, covering 437 assets as of Q3 2025.

If you have any queries on the index, please contact Daisy Huang or Eileen Chiu.