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REIT-Diversified Market Industry
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NYSE:PDL-BPresidential Realty Cl B
 Presidential Realty Corporation operates as a real estate investment trust (REIT). It engages principally in the ownership of income producing real estate and in the holding of notes and mortgages secured by real estate. The company had an ownership interest in 694 apartment units, including 52 cooperative apartment units; and approximately 410,500 square feet of commercial, industrial, and professional space, as of December 31, 2003.
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Investing by Industry or Market Sector employs non-emotional, numbers driven, value-based industry, sector, and country rotation techniques, that, unlike conventional stock picking methods, focuses instead on identifying and capitalizing on theme movements in the well identified industries & market sectors.

Primarily, this active-asset methodology recognizes that advances in financial markets are defined by "themes", or led by asset classes, industries, and countries, with each advance distinguished by specific sector-driven themes. Employing a disciplined research and valuation process these "themes" are identified so that Portfolio's can be created and/or adjusted toward the most attractive sectors.

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