ETF Trends
ETF Trends

Investors have been eagerly anticipating a timber exchange traded fund (ETF) to come to the U.S. and were encouraged when Barclay’s Global Investors launched the iShares Global Timber and Forestry ETF in the U.K.

At last, our own timber ETF is here: The Claymore/Clear Global Timber Index (CUT) launched today on the American Stock Exchange.

According to Business Wire, the stocks in the index are selected from a group of global timber companies defined as firms who own or lease forested land and harvest the timber from such forested land for commercial use and sale of wood-based products. That means anything from lumber and pulp to paper and packaging.

Might the folks at Dunder-Mifflin have any interest in this ETF?

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Mr. Lydon serves as an independent trustee of certain mutual funds and ETFs that are managed by Guggenheim Investments; however, any opinions or forecasts expressed herein are solely those of Mr. Lydon and not those of Guggenheim Funds, Guggenheim Investments, Guggenheim Specialized Products, LLC or any of their affiliates. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.