….and leading copper stocks

Article Excerpt

GLOBAL X COPPER MINERS ETF $19.61 (New York symbol COPX; buy or sell through brokers; www.globalxfunds.com) tracks the Solactive Global Copper Miners Index, which includes between 20 and 40 international companies that mine, refine or explore for copper. Germany-based Structured Solutions AG created this index. Canadian-based companies make up 48.9% of the fund’s holdings. It also includes companies based in the U.S. (8.7%) and Australia (6.7%), Global X Copper Miners ETF’s MER is 0.65%. Its top 10 holdings are Antofagasta plc at 5.6%, First Quantum Minerals, 5.5%; Inmet Mining, 5.3%; Jiangxi Copper, 5.3%; Ivanhoe Mines, 5.2%; HudBay Minerals, 5.2%; KGHM Polska Miedz, 5.1%; Freeport Copper, 5.1%; Grupo Mexico, 5.1%; Kazakhmys plc, 5.1%; Oz Minerals, 5.0%. The combination of rising demand and uncertain supply will likely push copper prices higher over the next few years. Global X Copper Miners ETF is a buy for aggressive investors who want to hold a copper ETF. ETF…