SSGA launches real estate ETF on Xetra

State Street Global Advisors (SSGA) has announced the launch of a new ETF, offering investors access to listed real estate companies and equity real estate investment trusts (Reits).

The ETF, which is Ucits compliant, will be tradeable on Xetra, Deutsche Börse’s electronic trading system.

The fund tracks the performance of the FTSE EPRA/NAREIT Developed Europe ex UK Index, its ongoing charges are at 0.30% and it has an accumulating distribution policy.

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