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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.
PowerShares Global Buyback Achievers UCITS ETF aims to replicate the NASDAQ Global Buyback Achievers Net Total Return Index.he Index is designed to track the performance of companies that meet the requirements to be classified as Buyback Achieversâ¢. The PowerShares Global Buyback Achievers UCITS ETF is based on the NASDAQ Global Buyback Achievers Index.