BGI launches property ETF

Barclays Global Investors (BGI) has launched the iShares S&P World ex-US Property Index Fund ETF on the New York Stock Exchange.

The ETF is the first international REIT iShares ETF to complement the seven US real estate iShares Funds. “The index fund accesses a market with a cost effective, tradable investment vehicle and diversification beyond what US real estate can provide,” says Noel Archard, head of US iShares product development.

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