Columbia Threadneedle launches real estate ETF even in the face of a potential recession

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Columbia Threadneedle launches real estate ETF even in the face of a potential recession
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The Columbia Research Enhanced Real Estate ETF (CRED) is focused on real estate investment trusts and will track a custom index.

Many Wall Street pros have marked commercial real estate as the next pressure point for the U.S. economy, but one new fund will give investors a way to make a contrarian bet. Columbia Threadneedle is launching the Columbia Research Enhanced Real Estate ETF on Wednesday, focused on real estate investment trusts. The fund is part of the firm's "strategic beta" lineup and will track a custom index.

is Columbia Threadneedle's 12th ETF. So far, the firm's fixed income funds have proven more popular with investors than its equity offerings. The fund will have an expense ratio of 0.33%, and its yield should be around 4% when it launches, according to Lo.

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