Sherry L. Rexroad

SHERRY L. REXROAD, Senior Director of ING Clarion Real Estate
Securities, is a Member of the Investment Policy Committee and shares
responsibility for the day-to-day portfolio management of a concentrated
20-stock portfolio and for the Clarion CRA Hedge Fund. She is also
responsible for evaluating the investment potential of public real
estate companies. Previously with AEW Capital Management, she was a Vice
President and Portfolio Manager in their Fixed Income and Capital
Markets Group. She has more than 12 years’ investment experience,
including real estate equities, commercial mortgage backed securities
(CMBS) and whole loans. Her background includes real estate management,
construction management and the evaluation of public and private real
estate companies. Prior to AEW, she worked for the Environmental
Protection Agency where she managed the design and construction of a $40
million environmental science center and negotiated commercial leases.
She joined ING Clarion Real Estate Securities in 1997. She holds an MBA
from Wharton (University of Pennsylvania) and is a dean’s list graduate
of Haverford College. She is a member of the Financial Analysts of
Philadelphia, the Association for Investment Management and Research,
the National Association of Real Estate Investment Trusts and the
International Council of Shopping Centers. She is a holder of the
Chartered Financial Analyst designation.