Realty Funds Inc. Announces Changes to the Adelante Shares RE Growth Index, the Adelante Shares RE Shelter Index, the Adelante S
25 Octobre 2007 - 3:13AM
PR Newswire (US)
NEW YORK, Oct. 24 /PRNewswire-FirstCall/ -- Realty Funds Inc., an
investment company with a series of seven underlying fund
portfolios, today announced it has been informed by Standard &
Poor's, the calculating agent for the Adelante Shares(TM) Indices,
that effective at the opening of trading on Thursday October 25,
2007, American Campus Communities, Inc. (NYSE:ACC) will replace
Hilton Hotels (NYSE:HLT.N) in the Adelante Shares RE Shelter Index,
Realty Income Corporation (NYSE:O) will replace Hilton Hotels in
the Adelante Shares RE Yield Plus Index and First Potomac Realty
Trust (NYSE:FPO) will replace Hilton Hotels in the Adelante Shares
RE Composite Index. Effective at the opening of trading on Friday
October 26, 2007, Washington Real Estate Investment Trust
(NYSE:WRE) will replace Equity Inns, Inc. (NYSE:ENN.N) in the
Adelante Shares RE Growth Index, LaSalle Hotel Properties
(NYSE:LHO) will replace Equity Inns, Inc. in the Adelante Shares RE
Shelter Index, Prologis (NYSE:PLD) will replace Equity Inns, Inc.
in the Adelante Shares RE Yield Plus Index and Sun Communities Inc.
(NYSE:SUI) will replace Equity Inns, Inc. in the Adelante Shares RE
Composite Index. Hilton Hotels is being acquired by The Blackstone
Group LP (NYSE:BX). Equity Inns, Inc. is being acquired by Goldman
Sachs Group, Inc (NYSE:GS). The Adelante Shares RE Growth Index
includes publicly traded real estate companies that have exhibited
the highest growth rates over the previous two years as measured by
the issuers' reported quarterly funds from operations ("FFO"),
calculated quarterly on a year over year basis. The Adelante Shares
RE Shelter Index includes issuers in the multifamily, manufactured
home and hotel/lodging sectors of the commercial real estate
industry that are the largest owners/managers of commercial real
estate as measured by the number of shelter units (i.e., apartments
or rooms) owned, operated or managed over the past twelve months,
calculated quarterly. The Adelante Shares RE Yield Plus Index
includes publicly traded real estate companies whose 5-year
compounded annual dividend growth rates exceed the U.S. Consumer
Price Index over the previous 60 months by the greatest amount,
calculated quarterly. The Adelante Shares RE Composite Index is
designed to be a composite of the other Adelante Shares Indices.
The Index consists of the 40 largest issuers by market
capitalization taken from the six other Adelante Shares Indices, as
determined quarterly. About Realty Funds XShares Advisors LLC, a
financial services company based in New York, is the creator of the
Realty Funds, Inc., an investment company with seven underlying
fund portfolios; the Adelante Shares(TM) Exchange-Traded Funds
(ETFs). The Adelante Shares(TM) ETFs invest in issuers in the
commercial real estate industry that share specific fundamental
investment characteristics or are in specific cross-sections of the
commercial real estate industry. Each ETF tracks an index of 25
stocks, except the Composite which tracks 40 stocks, and offers
institutional and individual investors a more precise financial
instrument that leverages the potential of Real Estate Securities
investing while mitigating the risks of single stock picking. For
more information, visit the website http://www.adelanteshares.com/.
About XShares XShares Advisors LLC, a subsidiary of XShares Group
LLC, is a registered investment advisor that provides investment
advisory services to Exchange-Traded Funds. XShares also partners
with major institutions and index providers seeking to bring
innovative Exchange-Traded Funds to market using its administrative
platform. In addition, XShares creates and licenses distinctive
intellectual property for its ETFs, developing products that allow
for innovative trading strategies and alternative investments for
the financial community. For more information, visit the website
http://www.xsharesadvisors.com/. An investor should consider the
fund's investment objective, risks, charges and expenses carefully
before investing. For this and more complete information about the
Fund call 800.925.2870 or visit the website
http://www.adelanteshares.com/ for a prospectus. Please read the
prospectus carefully before investing. There are risks involved
with investing in ETFs including possible loss of money. Adelante
Shares(TM) ETFs are not actively managed and are subject to risks
similar to stocks, including those related to short selling and
margin maintenance. Losses from short sales may be unlimited, and
losses from purchases on margin may exceed original investment.
Normal brokerage commissions apply. Adelante Shares(TM) ETFs are
subject to increased risks associated with investing in a specific
sector compared to a more diversified investment, as well as unique
risks associated with the real estate sector (i.e., real estate
values, interest rates, occupancy rates, government regulation,
etc.). The ETFs face additional risks attributable to their
investments in small and medium capitalization companies which are
subject to higher volatility than larger, more established
companies. In addition, they are invested in a limited number of
securities and a decline in the value of these investments would
cause the fund's overall value to decline to a greater degree than
in a less concentrated portfolio. Adelante Shares(TM) Exchange
Traded Funds are distributed by ALPS Distributors, Inc. XShares
Advisors LLC and ALPS Distributors, Inc. are unaffiliated entities.
DATASOURCE: Realty Funds Inc. CONTACT: John T. McInerney of
Makovsky + Company, +1-212-508-9628, , for Realty Funds Inc. Web
site: http://www.adelanteshares.com/
http://www.xsharesadvisors.com/
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