INREV is pleased to provide transparency around the pan-European open end diversified core equity (ODCE) funds’ redemption mechanisms. ‘A deep dive into INREV ODCE funds' redemption mechanisms’ paper sheds light on the topic, with all 15 ODCE funds contributing to the analysis.
Key highlights include:
- Despite some clear structural differences for target windows and deferral periods, the overall maximum redemption timelines remain comparable and broadly similar across most ODCE funds, averaging at around 28 months.
- The NAV weighted total timeline and average total timeline are broadly similar, suggesting fund size does not significantly change the results.
- The fee structures of the ODCE funds are not uniform, with variations in the amount or even the use of redemption fees.
- The average cash or cash equivalent as a % of the Gross Asset Value (GAV) hovers at around 6.1% at the INREV ODCE index level.
Download the paper below.
A deep dive into INREV ODCE funds’ redemption mechanisms
Published on 22 Jul 2025