XShares Launches Adelante RE Funds

XShares Advisors LLC, New York, has announced the launch of its newest family of funds, Adelante Shares Real Estate Exchange-Traded Funds, which offer a new approach to investing in real estate investment trusts.The seven Adelante real estate ETFs include a composite fund plus funds that focus on: U.S. nonresidential, nonlodging property; the residential sector; REITs with conservative dividends; inflation-protected RE exposure; REITs with fast-growing funds from operations; and undervalued REITs. Jeffrey L. Feldman, founder and chairman of XShares Group LLC, said the funds are "completely different from the other real estate-focused investment products already available." XShares can be found online at http://www.xsharesadvisors.com, and Adelante Shares LLC can be found at http://www.adelanteshares.com.