Bob Pisani, in a segment for CNBC this morning, weighed in on the Vanguard Global ex-U.S. Real Estate ETF. This proposed ETF, will seek to track the performance of the S&P Global ex-U.S. Property Index, which measures the investment return of international real estate stocks. The Fund will employ a “passive management”—or indexing—investment approach designed to track the performance of the S&P Global ex-U.S. Property Index, a free-float-adjusted, market-capitalization-weighted index that measures the equity market performance of international real estate stocks in both developed and emerging markets. The Index is composed of stocks of publicly traded equity real estate investment trusts (known as REITs) and real estate operating companies (known as REOCs). The Fund attempts to replicate the Index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.
Other funds noted in this segment are the SPDR Dow Jones Intl Real Estate (NYSE:RWX), and the iShares Dow Jones US Real Estate (NYSE:IYR)
Total Annual Fund Operating Expenses will be 0.35%.
See the full CNBC video below: