Friday, September 24, 2010

Canada Australia and commodities

EWC - MSCI Canada Index Fund - has lots of big canadian stocks in it.  According to yahoo financial, the major categories are:
26% - Industrial materials (I assume this is commodities like oil, gas, metals)
7% - energy

10% - consumer services (???)
44% - financial services (banks)

VGENX - vanguard energy mutual fund with a bunch of oil companies in it

KROO - smaller cap australian companines (not nearly as much emphasis on financial companies).  This fund was started in March 2010 by Index IQ.
CNDA - smaller cap canadian companies (not nearly as much emphasis on financial companies)  This was also started by Index IQ in March 2010.  According to Benzinga.com This fund has 50% of its money in materials and about 19% in energy.

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