The Core Property Index Fund reportedly will be one of the first open-end private equity real estate funds designed to track the NCREIF NFI-ODCE Index. The fund’s design mirrors the NCREIF NFI-ODCE metrics of property-type weightings, regional diversification, number of properties, leverage and occupancy, in an effort to provide more accurate portfolio management solutions for investors seeking to consistently achieve the NFI-ODCE return. real estate assets in the world. NCREIF produced the first property level return index, the NCREIF Property Index (NPI), dating back to 1978 to capture investment performance records that meet the rigorous scrutiny and review of major investors and academia. What is the NFI-ODCE? The NFI-ODCE is a capitalization-weighted, gross of fee, time NFI-ODCE Index NCREIF’s Open-End Diversified Core Equity Index (NFI-ODCE) –is a value weighted, time weighted return index –comprises 24 open-end real estate funds Property Types: 80% of real estate net assets must be invested in office, industrial, apartment,