mREITs

[hendi_alex]

IMO the high risk exotic financing segment (BDCS and MREIT s) are best entered via ETF exposure. REM is a cap weighted MREIT fund. I prefer a blend of the sector and opted for exposure via KBWD which is also more equally weighted. KBWD is focused on BDCs Which employ less leverage than MREITs. The fund also includes NLY and some of the stronger MREITs. It also has TGH plus a few banks. Consistent with my interest rate/spread concerns, this position is at a minimum weighting. The. weighting won't increase until the dierection of the interest rate cyle becomes a little clearer.