I am feeling lazy, as always, and didn't want to write about the new REIT ETF but I received so many messages that I decided, maybe, I should say something. I didn't want to blog about the ETF because it is easy enough to understand. It will hold a basket of REITs, 23 to be exact, from countries such as Singapore, Hong Kong and Malaysia. It will distribute income quarterly and the distribution yield is estimated to be 5% at IPO. The ETF is probably a good choice for people who want to have exposure to REITs but are too lazy to be bothered with researching individual REITs. OK, I understand the lazy bit but they will have to take the good with the bad in the ETF. For people who know more about REITs, they are probably better off investing in individual REITs. I don't know about you but a 5% distribution yield from a REIT product is unattractive to me......