What is a REIT? A real estate investment trust, or REIT, is a company that owns, operates or finances income-producing commercial real estate or related assets. In this way, REITs allow investors to “own” or help finance real estate assets by simply owning shares. REITs invest in a broad range of property types including office...

Investment adviser An investment adviser, or “fund manager,” is typically responsible for overseeing the fund’s daily operations and managing the fund’s assets while adhering to the fund’s investment objectives. The investment adviser may hire one or more sub-advisers to assist in the management of the fund and otherwise gain access to a particular area of...