RWX Profile
The SPDR Dow Jones International Real Estate ETF is an exchange-traded fund designed to provide investors with exposure to global real estate markets outside of the United States. The fund aims to achieve its investment objective by investing at least 80% of its total assets in the securities that comprise the underlying index, as well as in depositary receipts linked to these securities. This investment approach is geared towards capturing the performance of international real estate markets through a diversified portfolio of publicly traded real estate securities.
The underlying index tracked by the fund is the Dow Jones Global ex-U.S. Real Estate Index, a float-adjusted market capitalization index. This index is specifically designed to reflect the performance of publicly traded real estate companies and real estate investment trusts (REITs) located in developed and emerging markets outside of the United States. By focusing on real estate securities globally, excluding U.S.-based entities, the index provides a broad view of international real estate investment opportunities.
Investors in the SPDR Dow Jones International Real Estate ETF gain access to a diversified mix of real estate sectors and markets across multiple countries. The fund's holdings include companies engaged in various aspects of real estate, such as property development, management, and investment. This diversification allows investors to participate in the growth and income potential of international real estate markets while mitigating the risks associated with investing in a single country or region.
The fund's strategy of investing substantially all of its assets in the index's securities ensures alignment with the performance of the international real estate sector. By leveraging depositary receipts, the ETF also facilitates exposure to foreign securities that may not be directly accessible through traditional investment channels. This approach aims to deliver returns that reflect the performance of global real estate markets, providing investors with a comprehensive and diversified exposure to international real estate assets.
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