- Yield History2.42%
- 3 Year sharpe0.41
- 3 Year alpha0.48
- Distribution Typeaccumulation
- BenchmarkFTSE EPRA Nareit Custom Developed Midday
- Legal StructureUnit Trust
- Fund Size (month end)Unit Trust
- IA SectorProperty Other
- Manager GroupBlackRock
- DomicileUnited Kingdom
This passive fund may suit investors who are looking to get exposure to the property sector but are concerned about liquidity in direct ‘bricks and mortar’ property funds.
The ETF offers low-cost, globally diversified exposure to property securities. Investors should note that this asset class may not perform as well as a diversifier in a portfolio as direct property funds.
It has a fee of just 0.17% and tracks the FTSE EPRA/NAREIT Developed Index of around 340 of the largest REITs in developed countries.