fund structure is commonly used by managers of very large, open-end funds that are expected to hold a substantial number of properties in various locations. Commingled Separate Conjoined Adjacent QUESTION 5 A mortgage REIT is a REIT that primarily invests in mortgages rather than equity ownership. True False QUESTION 6 Investors may use attribution analysis to examine why the performance of an actively managed real estate investment fund has exceeded its benchmark return. True False