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International Real Estate ETF launched

I just read from a post on the Diehards forum that SSgA’s international real estate ETF (ticker RWX) had started trading yesterday. According to the fact sheet, this ETF tracks the DJ Wilshire Ex-US Real Estate Securities Index:

The Dow Jones Wilshire Ex-US Real Estate Securities Index is a float-adjusted market capitalization weighted index that defines and measures the investable universe of publicly traded real estate securities in countries outside of the US.

I had previously invested in the Fidelity International Real Estate fund (FIREX) but got rid of it for its very poor tax efficiency. Hopefully, this ETF would prove to be a better vehicle for a taxable account.

2006-12-20-rwx.png

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This entry was posted on Wednesday, December 20th, 2006 at 6:46 pm and is filed under ETF, Investing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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One Response to “International Real Estate ETF launched”

  1. indexfundfan Says:
    December 27th, 2006 at 7:15 pm

    I just observed that rwx happens to be the file permission string in Unix ;-)

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