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house — Dow Jones licenses real estate benchmark to Charles Schwab

Structured Products staff
10 Feb 2011

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Dow Jones has licensed its US Mid-Cap Total Stock Market Index and the Dow Jones US Select Reit Index to Charles Schwab for exchange-traded funds (ETF), which are listed on the New York Stock Exchange. The index has long been a benchmark for the US real estate investment market, according to Richard Ciuba, senior director, Americas sales at Dow Jones in New York. Ciuba says that real estate is used by a variety of different investors. Charles Schwab is relatively new to the US ETF market and has

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