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The fund invests at least 80% of its assets (net assets plus the amount of any borrowings made for investment purposes) in the securities of real estate and real estate-related issuers and derivatives and other instruments that have economic characteristics similar to such securities. It invests primarily in REITs, depository receipts and equity securities of domestic and foreign issuers. The fund invests in securities of issuers located in at least three different countries, including the United States. It may invest up to 20% of its net assets in securities of issuers located in emerging markets countries.