FYI: REITs have become increasingly popular over the years as investors continue to search for yield in the current ultra-low rate environment. Given this huge demand from investors, issuers are lining up with products to quench their thirst.
Following the trend, Fidelity recently filed a product focused on the REIT space. Though the issuer has not as yet disclosed some of the key details like expense ratio and ticker symbol, we have highlighted those details that were available.
Regards,
Ted
http://www.zacks.com/stock/news/156517/fidelity-plans-new-reit-etf?article_id=156517&type=BLOG
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