30.06.2009 - Credit, economic woes hammer REIT-indexed ETFs
From WSJ: Investors who purchased exchange-traded funds tracking real estate investment trusts in hopes of diversifying their portfolio against stock-market shocks have been sorely disappointed. REITs, which let individuals invest in commercial real estate, have been thumped by the recession and tight lending markets. The companies manage specific types of properties such as shopping malls, apartments and storage facilities........Full Article (Subscription Required) : Source
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