Ong, Seow-Eng; Wong, Cheng Xiang - European Real Estate Society - ERES - 2012
Since the inception of the first ETF - a broad-based domestic equity fund tracking the S&P 500 in 1993, Exchange Traded Funds (ETFs) have grown in acceptance and coverage. This paper examines the performance of REIT ETFs in terms of tracking the respective benchmarks and the effect of including...