Tap into expanding food demand

Article Excerpt

Consumers spend about $5 trillion per year on food worldwide. That amount should continue to rise steadily as the global population further expands and household incomes increase. The best food companies will take advantage of opportunities to widen their profits as consumers eat more outside of the home and the trend toward more-healthful eating continues. Here are two ETFs that aim to benefit from companies that focus on the food industry (see the supplement on page 9 for more information). FIRST TRUST CONSUMER STAPLES ALPHADEX ETF $46.20 (New York symbol FXG; TSINetwork ETF Rating: Aggressive; Market cap: $327.4 million) invests in companies focused on food, beverages and other consumer staples. Food is the biggest expense for households worldwide at a total of $5 trillion annually Rising trends in the food industry include eating out and organic food Food producers are subject to price volatility and need to be nimble to keep up with changing consumer tastes eferences and habits change The fund tracks the StrataQuant…

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