In a press release issued under the same headline on September 22, 2015 by Griffin Capital, in the 'Griffin Institutional Access Real Estate Fund Risk Considerations' section of the release, please note that as of 6/30/15, the Fund has returned 7.56%. The updated release follows:
Griffin Capital Corporation ("Griffin Capital") on behalf of Griffin Institutional Access Real Estate Fund (the "Fund" and "GIREX") announced today that the Fund has exceeded $200 million in assets under management since its launch in June 2014.
Dr. Randy I. Anderson, Portfolio Manager of GIREX said, "Seeing this accelerated growth of our assets under management is evidence to us of the continued strength and value advisors see in our investment strategy. During a time when the markets were quite turbulent, GIREX demonstrated the strength of its strategy exhibiting significantly lower volatility relative to the broader markets. When we started this fund a little over a year ago, we were hopeful that independent financial advisors and RIA's would see the potential benefits for clients seeking income-oriented investments, but the adoption of GIREX have exceeded our expectations."
Source: globenewswire.com
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