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Top holdings include Simon Property Group 6.3%, Prologis Inc 4.1%, Public Storage REIT 4.0%, Equinix Inc REIT 3.8% and Equity Residential REIT 2.8%.
“BBRE is a pure play on the REIT market and provides choice to investors who are seeking core real estate index exposure,” Joanna Gallegos, U.S. head of ETFs at J.P. Morgan Asset Management, said in a note. “Additionally, for allocators, REITs can provide diversification benefits to traditional equity and fixed income portfolios.”
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