The fund is passively managed to provide a concentrated and diversified exposure to globally-listed real estate equities that the index committee believes are likely to benefit the most from the securitization of real estate. To curate the portfolio, various fundamental factors are considered, including financial strength, market position and organizational quality, and local economic factors. Eligible companies must also meet investability and liquidity requirements, including a minimum market capitalization of $750 million. The committee selects the top 75 companies while ensuring proportional geographic representation. Holdings are market-cap-weighted, with individual security weights capped at 4%. The index is reconstituted and rebalanced quarterly.