February 22, 2008 at 10:00 am by Tom Lydon
Canada is a developed country that offers commodities exposure without all the geopolitical risk, making its exchange traded fund (ETF) that much more enticing.
As a commodities play, iShares MSCI Canada ETF (EWC) has the types of gains available from developed markets, and as a North American counterpart, safety is an added plus, reports Don Dion for Seeking Alpha.
Over the past five years, EWC has returned three-and-a-half times more than the S&P 500.
The fund doesn’t just have commodities: it also has allocations in energy and materials. It also gives U.S. investors a play on the country’s currency, as well as banks, technology companies and other firms that have held up well in our own downturn.
Tags: Agriculture, Canada, Energy, EWC, Financial, S&P 500, Technology
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