Covid-19 shakes up REIT market

Since the outbreak of the coronavirus pandemic, the Dow Jones US Select REIT Index (USD) has fallen by 35%. One of the high-profile casualties of the REIT environment and its bleak outlook was the UBS ETracs Monthly Pay 2x Leveraged Mortgage REIT ETN Series B (MRRL) – which delivered 20% or more throughout its five-year history and came to an end last week with investors losing nearly their entire investment. However, the market still provides some opportunities to extract value from thi