Good way to buy REITs

Article Excerpt

ISHARES CDN REIT SECTOR INDEX FUND $10.16 (Toronto symbol XRE; buy or sell through a broker) holds the 11 Canadian real estate investment trusts (REITs) in the S&P/TSX Capped REIT Index. The weight of any one REIT is limited to 25% of this index’s value. RioCan REIT makes up 24.9% of the index’s total value; H&R REIT, 14.7%; Canadian REIT, 11.5%; Boardwalk REIT, 10.3%; Calloway REIT, 8.5%; Canadian Apartment Properties REIT, 6.6%; Primaris Retail REIT, 6.1%; Cominar REIT, 5.3%; Chartwell Seniors Housing REIT, 4.6%; Extendicare REIT, 3.8%; and InnVest REIT, 2.0%. iShares CDN REIT yields 8.3%. Its expenses are 0.55% of its assets. iShares CDN REIT is a buy. buy…