Tap into high-yielding REITs

Article Excerpt

ISHARES CDN REIT SECTOR INDEX FUND $15.05 (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 5.2%. The ETF’s largest holding is RioCan REIT at 19.4%, followed by H&R REIT (14.5%), Dundee REIT (8.3%), Canadian REIT (7.4%), Calloway REIT (6.7%), Cominar REIT (6.1%), Boardwalk REIT (5.9%), Canadian Apartment REIT (5.7%), Allied Properties REIT (5.5%), Artis REIT (4.8%), Chartwell REIT (4.4%), Granite REIT (4.3%), Dundee International REIT (2.3%), Northern Property REIT (2.3%) and Crombie REIT (1.9%). iShares CDN REIT is a buy. buy…