he BUILD Funds are commingled real estate funds that provide pension funds the opportunity to diversify their existing stock and bond portfolios with to-be-built institutional quality real estate projects located in their jurisdictions.

BUILD will enhance Labor’s opportunities to capture additional market share in areas that are traditionally non-union.

The benefits to investing in the BUILD Funds are:

• The BUILD Funds provide a vehicle for pension plans to diversify their existing stock and bond portfolios with professionally managed institutional quality real estate. Our investment focus is on providing a stable income stream with the potential for capital appreciation.
  
• The BUILD Funds are trusteed and managed by Ameriserv, a qualified professional asset manager under ERISA. This structure eliminates the need for plan trustees to make individual real estate investment decisions.
  
• The BUILD Funds will invest in to-be-built projects or rehabilitation projects using only contractors and subcontractors that are signatories to a collective bargaining agreement recognized by the Building and Construction Trades Department of the AFL-CIO.
  
• The BUILD Funds target projects and areas that historically have not been union strong holds. The BUILD Funds’ projects increase the construction market share for union labor and signatory contractors.

The BUILD Funds provide trustees with the means to diversify their pension portfolios, create union jobs, and provide economic stimulus to the areas where their trades people live and work

Mission	To Earn Competitive Market Driven Returns by investing in to-be-built or significantly rehabilitated real estate projects that Increase Market Share for Union Labor and Signatory Contractors.
Risk and Return Posture	The investment objectives are focused on earning a stable income return with the potential for capital appreciation.
Projected Return	10% - 12 % net of fees.
Investment Vehicles	Equity Investments, Mortgages, and Participating Mortgages.
Structure	Open-End Tax Exempt Group Trust. The Fund operates under the same regulatory structure as many other national funds such as the AFL-CIO Building Investment Trust or the Multi-Employer Property Trust.
Trustee/Fiduciary & Qualified Professional Asset Manager	Ameriserv Trust and Financial Services Company AmeriServ is a $1.4 billion unionized banking concern headquartered in Johnstown, Pennsylvania.
Investment & Investor Relations Advisor	Labor-Management Fund Advisors, LLC The professional team at LMFA has an extensive institutional real estate and investment background with over $2.0 billion dollars in underwriting and real estate lending experience. The team also encompasses labor and financial experience specifically related to the pension real estate market.
Fees	A single fee of 1.25% based on the value of the real estate assets is charged annually by the Fund. There is not a fee charged on cash assets.