Alternative Investments/Real Estate: Dimensional Launches Global Real Estate ETF
The Dimensional Global Real Estate ETF is listed on the NYSE Arca.
Dimensional Fund Advisors has added a real estate ETF to its ETF line-up. The Dimensional Global Real Estate ETF offers investors the opportunity to invest in a variety of US and international real estate equities. The fund is a systematic active transparent ETFs built on Dimensional’s foundational investment approach that the firm has continuously refined over its 41-year history. (Dimensional)
Dimensional Global Real Estate ETF (NYSEARCA: DFGR)
The ETF benchmarks the S&P Global REIT Index (net div.) and has a net expense ratio of 0.24%. It is a global real estate solution offering market-wide REIT exposure on a market cap-weighted basis.
As of December 7, the fund had net assets of $5 million.
The fund manager also simultaneously launched the Dimensional US Large Cap Value ETF (NYSEARCA: DFLV), which offers targeted access to premiums across a diversified set of domestic large-cap value equities.
“Dimensional has been investing in both large cap value and real estate securities for three decades, providing capital markets expertise that we have now made available within ETFs,” said co-CEO and chief investment officer Gerard O’Reilly in a news release. “These new funds allow financial professionals to deliver an increasingly comprehensive Dimensional investment experience across vehicles and asset classes.”
Related Story: Dimensional Announces Equity ETFs Targeting Carbon Emissions
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