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What does REIT stand for? It means Real Estate Investment Trust and is a entity designed to serve the interests of a group of real estate investors.
Gold ETF. Gold backed Exchange Traded Funds (ETFs) are securities designed accurately to track the price. BullionVault simply allows private individuals to buy gold bullion and own it directly as personal property - storing it in one or more of their choice of high security accredited vaults situated around the world.