ISHARES CDN REIT SECTOR INDEX FUND $15.46 - Toronto symbol XRE

ISHARES CDN REIT SECTOR INDEX FUND $15.46 (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) holds the 15 Canadian real estate investment trusts (REITs) in the S&P/TSX Capped REIT Index. The weight of each REIT is limited to 25% of the ETF’s value.

iShares CDN REIT’s expenses are 0.60% of its assets. The fund yields 5.0%.

The ETF’s largest holding is RioCan REIT at 19.5%, followed by H&R REIT (14.9%), Dundee REIT (8.0%), Canadian REIT (7.4%), Calloway REIT (6.7%), Allied Prop. REIT (5.9%), Boardwalk REIT (5.8%), Canadian Apt, REIT (5.7%), Cominar REIT (5.6%), Artis REIT (4.7%), Chartwell REIT (4.6%), Granite REIT (4.4%), Dundee Intl. REIT (2.3%), Northern Property REIT (2.3%) and Crombie REIT (1.8%).

iShares CDN REIT is a buy.

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