Hello Pat. I am currently holding the following in my RRSP account: Market Vectors Nuclear Energy ETF. What do you think about this exchange-traded fund? Thank you for your advice.
Market Vectors Nuclear Energy ETF, $21.63, symbol NLR on New York (Shares outstanding: 7.4 million; Market cap: $159.0 million), aims to track the performance of the DAXglobal Nuclear Energy Index. The index includes 24 companies in the nuclear-energy industry. These firms are located in a number of different countries.
To be included in the index, a company must be publicly traded, have a market cap over $150 million U.S. and meet certain minimum trading requirements. The index is divided into seven different areas of the nuclear industry: uranium mining (36.6%), nuclear generation (26.0%), plant infrastructure (22.5%), uranium storage (4.5%), nuclear conglomerates (4.4%), uranium enrichment (3.5%) and nuclear fuel transport (2.5%).
The index’s top 10 holdings are Mitsubishi Heavy Industries (8.5%), Constellation Energy Group (8.2%), Electricite de France (7.7%), Exelon Corp. (7.5%), Cameco (7.4%), Uranium One (5.2%), JGC Corp. (4.6%), Paladin Energy (4.3%), Areva SA (4.1%) and Uranium Participation Corp. (4.1%).
Market Vectors Nuclear Energy ETF first sold units to the public…
Privacy Policy and Terms of Use
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What personal information do we collect?
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Does TSI Network Use the Information It Receives?
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COMMENTS: TERMS OF USE
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
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The contents of this web site and our publications are based upon sources of information believed to be reliable, but no warranty or representation, expressed or implied, is given as to their accuracy or completeness. Any opinion reflects the Successful Investor’s judgment at the date of publication and neither the Successful Investor, nor any of its affiliated companies, nor any of their officers, directors or employees, accepts any responsibility in respect of the information or recommendations contained in the publications or on this web site. Moreover, the information or recommendations are subject to change without notice.
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