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RE exchange traded fund.


State Street Global Advisors launched the streetTRACKS[R] DJ Wilshire International Real Estate ETF on the American Stock Exchange.

RWX is based on the Dow Jones Wilshire exUS Real Estate Securities Index[SM] and is the first ETF to monitor performance of publicly traded global real estate securities outside of the U.S. "Through the launch of this ETF, we've provided investors with simple, comprehensive exposure to the international real estate market, an exciting and otherwise difficult asset class to access," said James Ross, senior managing director of State Street Global Advisors. "Investors now have another vehicle to complement their international investment strategies."

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Title Annotation:FINANCE
Publication:Real Estate Weekly
Date:Jan 10, 2007
Words:103
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