Net Lease Corporate Real Estate ETF (NYSE Arca: NETL) Surpasses $100 Million Milestone in Assets Under Management
Fundamental Income, a Phoenix-based net lease real estate platform, announces the Net Lease Corporate Real Estate ETF (NYSE Arca: NETL) has surpassed $100 million in assets under management. NETL is the first and only publicly traded ETF to define the net lease sector as a pure play. The fund tracks the Fundamental Income Net Lease Real Estate Index, calculated by NASDAQ, which is comprised of 25 publicly traded equity REITs totaling over $150 billion in market cap and collectively offers investors exposure to all 50 states, 26,000+ properties, 40+ industries, and more than 3,000 tenants.
- Fundamental Income , a Phoenix-based net lease real estate platform, announces the Net Lease Corporate Real Estate ETF (NYSE Arca: NETL) has surpassed $100 million in assets under management.
- NETL is the first and only publicly traded ETF to define the net lease sector as a pure play.
- In addition to founding the Net Lease Real Estate Index, the Company also raised $500 million of equity from a fund managed by Brookfield Asset Management (NYSE: BAM) to build a private, net lease platform.
- The Index includes only equity REITs which derive the majority of their revenue from net leases, i.e., Net Lease REITS.