If location, location, location is the main criteria when it comes to investing in real estate, then timing, timing and timing might be the most important ingredient when it comes to launching new exchange-traded funds.
Unfortunately, XShares Advisors got the timing wrong when they launched their series of real estate ETFs in September 2007. The subprime crisis was unfolding and investors' interest in real estate was subdued, to put it mildly.
Now, after a short-lived run, the AdelanteShares will be going the way of the dinosaur.
XShares Advisors announced the liquidation of the seven real estate funds. The final process was completed on July 31st. The liquidated funds were the following:o Adelante Shares RE Composite ETF (ACB)o Adelante Shares RE Classics ETF (ACK) o Adelante Shares RE Growth ETF (AGV)o Adelante Shares RE Kings ETF (AKB) o Adelante Shares RE Shelter ETF (AQS)o Adelante Shares RE Value ETF (AVU)o Adelante Shares RE Yield Plus ETF (ATY)
