These are funds that own the shares of corporations within the real estate sector, including REITs. Shares do not trade on secondary exchanges. Instead, you purchase or redeem shares directly with the mutual fund company after the market closes. The mutual fund company creates or cancels shares to match demand. Shares are valued at their NAVs and have no separate trading price. Mutual funds can own REITs, REIT-index ETFs, and corporations within the real estate industry.
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