VanEck Vectors FTSE International Property (Hedged) ETF
VanEck has listed the VanEck Vectors FTSE International Property (Hedged) ETF on the Australian Stock Exchange. The fund, with ASX code REIT, invests in a diversified portfolio of international property securities from developed markets (ex Australia).
The ETF tracks the FTSE EPRA Nareit Developed ex Australia Rental Index AUD Hedged index. That index consists ofreal estate investment trusts (REITs) and globally listed companies from developed economies that own real estate assets and derive more than 70 per cent of their EBITDA from rental income.
Management costs are 0.43 per cent per annum.