Real property can enhance the risk-and-return profile of an investor’s portfolio, providing competitive risk-adjusted returns. In general, the true estate market is certainly one of low volatility, especially in comparability with equities and bonds. Real property mutual funds make investments primarily in REITs and real estate operating firms. They provide the power to gain diversified exposure to real property with a relatively small quantity of capital. Depending on their strategy and diversification goals, they provide buyers with much broader asset selection than can be achieved via shopping for individual REITs.