Schwab Introduces a Real Estate Fund

Published May 03, 2007, 1:00 a.m. EDT

Updated May 02, 2007, 5:00 p.m. EDT

1 Min Read

Charles Schwab Investment Management launched its first proprietary real estate securities fund.

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The Schwab Global Real Estate Fund, introduced Tuesday, specializes in commercial properties worldwide, providing exposure to the expanding global investment sector.

The fund will invest primarily in securities of domestic and international commercial real estate investment trusts and similar structures, as well as real estate operating companies.

The Charles Schwab Corp. unit had $200.4 billion of assets under management as of March 31.

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