FYI: Real estate investors sometimes treat core and opportunistic funds as if they were different asset classes. They are measured against different benchmarks and comparisons are limited by a lack of consistent data. But a comparison of the two shows that both core and opportunistic funds have similar return profiles — it’s the magnitude of their returns that has varied over time.
Regards,
Ted
https://www.msci.com/www/blog-posts/apples-vs-oranges-core-vs/01143040304