copper prices

We think conservative investors can hold up to 10% of their portfolios in foreign stocks. One way to do that is by choosing exchange-traded funds (ETFs) with an overseas focus.


The best ETFs continue to offer very low management fees and well-diversified, tax-efficient portfolios of highquality stocks.


Here’s a look at four international ETFs we see as buys, and two we feel you should continue to hold.


ISHARES MSCI EMERGING MARKETS INDEX FUND $41.20 (New York symbol EEM; buy or sell through brokers) aims to track the MSCI Emerging Markets Index.


The fund’s geographic breakdown includes China, 26.9%; South Korea, 15.5%; Taiwan, 12.2%; India, 8.5%; Brazil, 6.9%; South Africa, 6.6%; Mexico, 3.6%; Russia, 3.4%; Indonesia, 2.5%; Malaysia, 2.4%; Thailand, 2.2%; and Poland, 1.3%.


Its top holdings are Tencent Holdings (China: Internet), 4.3%; Samsung Electronics (South Korea), 4.3%; Taiwan Semiconductor (computer chips), 3.6%; Alibaba Group (China: e-commerce), 3.0%; Naspers (South Africa: media and Internet), 2.0%; China Construction Bank, 1.5%; China Mobile, 1.5%; Hon Hai Precision (Taiwan), 1.2%; Baidu (China: Internet), 1.1%; and Industrial & Commercial Bank of China, 1.1%.


iShares launched the ETF on April 7, 2003....
TECK RESOURCES LTD. $25 (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 577.7 million; Market cap: $14.4 billion; Price-to sales ratio: 1.4; Dividend yield: 0.8%; TSINetwork Rating: Extra Risk; www.teck.com) is a leading producer of metallurgical coal, a key ingredient in steel making....
GLOBAL X COPPER MINERS ETF $24.46 (New York symbol COPX; buy or sell through brokers; www.globalxfunds.com) tracks the Solactive Global Copper Miners Index, which includes 20 to 40 international companies that mine, refine and explore for copper. Germanybased Structured Solutions AG created the index in April 2010.


Canadian firms make up 37.3% of the ETF’s holdings....
We think conservative investors can hold up to 10% of their portfolios in foreign stocks. One way to do that is to buy carefully chosen exchange-traded funds (ETFs) that have an overseas focus.


The best ETFs continue to offer very low management fees and well-diversified, tax-efficient portfolios of highquality stocks.


Here’s a look at four international ETFs we see as buys, and two we feel you should hang on to:


ISHARES MSCI EMERGING MARKETS INDEX FUND $37.36 (New York symbol EEM; buy or sell through brokers) aims to track the MSCI Emerging Markets Index.


The fund’s geographic breakdown includes China, 26.1%; South Korea, 14.7%; Taiwan, 12.0%; India, 8.1%; Brazil, 8.0%; South Africa, 6.6%; Russia, 4.2%; Mexico, 3.4%; Indonesia, 2.5%; Malaysia, 2.5%; Thailand, 2.3%; and the Philippines, 1.2%.


Its top holdings are Samsung Electronics (South Korea), 4.1%; Tencent Holdings (China: Internet), 3.6%; Taiwan Semiconductor (computer chips), 3.5%; Alibaba Group (China: e-commerce), 2.7%; Naspers (South Africa: media and Internet), 1.7%; China Mobile, 1.7%; China Construction Bank, 1.5%; Baidu (China: Internet), 1.1%; Industrial & Commercial Bank of China, 1.1%; and Hon Hai Precision (Taiwan), 1.0%.


iShares launched the ETF on April 7, 2003....
GLOBAL X COPPER MINERS ETF $17.31 (New York symbol COPX; buy or sell through brokers; www.globalxfunds.com) tracks the Solactive Global Copper Miners Index, which includes 20 to 40 international companies that mine, refine and explore for copper. Germany-based Structured Solutions AG created the index in April 2010.


Canadian firms make up 46.2% of the ETF’s holdings....
We think conservative investors can hold up to 10% of their portfolios in foreign stocks. One way to do that is to buy carefully chosen exchange-traded funds (ETFs) that have an overseas focus.

The best ETFs continue to offer very low management fees and well-diversified, tax-efficient portfolios of high-quality stocks....
A: Nevsun Resources Ltd., $4.08, symbol NSU on Toronto (Shares outstanding: 299.7 million; Market cap: $1.2 billion; www.nevsun.com), owns 60% of the Bisha copper/zinc/gold mine in Eritrea. That stake is the company’s main asset.



Bisha started up in February 2011....
A: Freeport-McMoRan Inc., $12.09, symbol FCX on New York (Shares outstanding: 1.3 billion; Market cap: $16.2 billion; www.fcx.com), is a leading producer of copper, gold and other metals from mines in the U.S., Indonesia, Africa and South America.

In 2015, copper supplied 67% of Freeport’s revenue, followed by oil and gas, 11%; gold, 10%; molybdenum (which strengthens alloys and high-temperature steels while preventing rust), 5%; and other minerals, 7%.

The U.S....
GLOBAL X COPPER MINERS ETF $17.11 (New York symbol COPX; buy or sell through brokers; www.globalxfunds.com) tracks the Solactive Global Copper Miners Index, which includes 20 to 40 international companies that mine, refine or explore for copper. Germany-based Structured Solutions AG created the index in April 2010....
Amerigo Resources is on track to double the copper output at its new high-growth Cauquenes tailings in Chile.