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UBS Launches Leveraged Real Estate ETN (RWXL)

By: ETFdb
UBS continued to expand its lineup of monthly leveraged ETPs this month, debuting a product that is designed to deliver amplified exposure to international real estate firms. The new Monthly Pay 2x Leveraged Dow Jones International Real Estate ETN (RWXL) will deliver leveraged exposure to a benchmark that consists of REITs from around the world, excluding the U.S. The new ETN will offer monthly exposure to the underlying index, meaning that the note will be expected to deliver monthly results and yields that correspond to 200% of those of the target benchmark [see also Are U.S. REIT ETFs A Buy In 2012?]. Under The Hood RWXL will seek to deliver 2x leveraged exposure to the same index to which the SPDR Dow Jones International Real Estate ETF (RWX) is linked. That fund has about 125 individual securities, with the largest allocations going to Westfield Group (7.1%), Unibail-Rodamco (6.2%), and Brookfield [...] Click here to read the original article on ETFdb.com. Related Posts: Dividend ETF Special: 25 Equity ETFs With Attractive Distribution Yields Highlighting The Kings Of The Dividend ETFs UBS Adds 2x Leveraged Version of BDC ETN (BDCL) ETFs To Invest In The Next Facebook Five Leveraged ETFs Delivering Big Gains
UBS continued to expand its lineup of monthly leveraged ETPs this month, debuting a product that is designed to deliver amplified exposure to international real estate firms. The new Monthly Pay 2x Leveraged Dow Jones International Real Estate ETN (RWXL) will deliver leveraged exposure to a benchmark that consists of REITs from around the world, excluding the U.S. The new ETN will offer monthly exposure to the underlying index, meaning that the note will be expected to deliver monthly results and yields that correspond to 200% of those of the target benchmark [see also Are U.S. REIT ETFs A Buy In 2012?]. Under The Hood RWXL will seek to deliver 2x leveraged exposure to the same index to which the SPDR Dow Jones International Real Estate ETF (RWX) is linked. That fund has about 125 individual securities, with the largest allocations going to Westfield Group (7.1%), Unibail-Rodamco (6.2%), and Brookfield [...]

Click here to read the original article on ETFdb.com.

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