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  • Ultrashort Real Estate Drop Demonstrates Unlimited Faith in a Recovery [View article]
    Good article. I have owned this for a long time too. There is something funny about srs. I bought it a long time ago. It's underlying reits are half or less from when I bought srs. but srs is below where I bought it. srs is buying its swaps or whatever and they are expiring and when they expire, you start over again. You do not get continuous performance from when you buy vs. the index you are trying to short. I'm not mad. srs did very well for a while and did what they said they would. I may write an article on this. Do a yahoo finance compare on srs vs. spg and you'll see what I'm talking about. But people investing in these ultra short vehicles have to understand these limitations. On one board this was stated as what srs was shorting against:

    Top 10 Index Companies1 Weight
    Simon Property Group Inc. 7.37%
    ProLogis 5.23%
    Vornado Realty Trust 4.65%
    Boston Properties Inc. 3.94%
    Public Storage Inc. 3.81%
    Equity Residential 3.81%
    General Growth Properties Inc. 3.23%
    Annaly Capital Management Inc. 3.06%
    Kimco Realty Corp. 2.78%
    HCP Inc. 2.74%
    Dec 17 20:13 pm |Rating: +2 0
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