Bringing you live news and features since 2006 

The Kelly Residential & Apartment Real Estate ETF in the US cuts net fee to zero

RELATED TOPICS​

Kelly ETFs has reduced the Kelly Residential & Apartment Real Estate ETF (NYSE Arca: RESI) net expense ratio to zero through a fee waiver agreement.

The firm writes that the RESI ETF was the first pure play ETF focusing on the residential and multifamily real estate sector with companies specialising in single-family residential homes, apartment buildings, student housing and manufactured homes. RESI seeks to track the Strategic Residential & Apartment Real Estate Sector Index.

“We believe the inflationary pricing power of our constituents, coupled with their necessity and strong demand, provides a compelling investment opportunity. Single family rentals and apartments, REITs reset their rents every year, which can serve as a hedge against inflation. Now investors can capture the benefits of investing in publicly traded residential REITs at a compelling expense ratio – zero,” says Kevin Kelly, Founder of Kelly ETFs. “The RESI ETF could stand to benefit as the positive effects from the post-pandemic ‘housing boom’ are reverberating across US rental markets with rents increasing at high rates.”

“Historically low housing supply comes at a time when household growth – the primary driver of housing demand – is strong and accelerating,” says Krista Kelly. “In a single trade, RESI delivers access to dozens of companies with exposure to all the sub-sectors of the multifamily theme seeking to provide a lower cost alternative to non-traded REITs, mutual funds, and private equity funds in an ETF.”
 

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by