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7 pts

Opinion on  iShares S&P Global Materials Sector Index Fund (MXI)     Sector: Financial  >  Industry: Misc. Financial Services
Global materials ETF

Apr 16, 2008 02:31 PM GMT
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Return Risk
-4.57% MID
Sr. Associate

from yahoo finance

The investment seeks results that correspond to the price and yield performance, before fees and expenses, of the S&P Global Materials Sector Index. The fund uses a representative sampling strategy to track the index. The index is comprised of approximately 118 companies. It includes companies engaged in a wide variety of commodity-related manufacturing. The fund is nondiversified.

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major holdings
http://finance.yahoo.com/q/hl?s=MXI

mining,steel,chemicals including potash

http://www.thestreet.com/funds/etftuesday/10312491.html

I am using this to increase my exposure to BHP,Rio,POT and other miners which have run up quite sharply.


Update 04/16:

http://moneycentral.msn.com/investor/partsub/funds/holdings.a...

It offers exposure to Monsanto and Potash Corp thus eliminating the need for buying MOO.


MXI:  This call was made on 04/16/08 @ $83.25
Rating:   Positive   $83.25 (04/16/08)
Gain/Loss:   -25.57% in 599 days
Allocation:   1.6% of portfolio


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