…and include these three sectors as well

Article Excerpt

Here’s the second part of our discussion on ETFs representing each of the five main economic sectors. Here we cover ETFs in Resources, Manufacturing and Financials. ISHARES MSCI GLOBAL METALS & MINING PRODUCERS ETF $42.96 (CBOE symbol PICK; TSINetwork ETF Rating: Aggressive; Market cap: $1.6 billion) provides investors with exposure to companies involved in the exploration, production, refining, and marketing of a diversified basket of metals. The ETF tracks the MSCI ACWI Metals and Mining Producers Index and invests globally; its main country exposures are to Australia (27%), the U.S. (18%), the U.K. (12%), Brazil (8%), Switzerland (5%), and Canada (5%). The industry exposures are also diversified: metals and mining (51%), steel (32%), copper (10%), and aluminum (4%). The fund currently offers a portfolio of 260 stocks, with the top 10 making up a high 51% of the portfolio; holdings include BHP Group Ltd. (Australia, 14.0%), Rio Tinto plc (U.K., 6.9%), Vale SA (Brazil, 5.7%), Glencore plc (U.K., 5.1%), Freeport-McMoran (U.S., 5.0%), Anglo American (U.K., 3.7%),…