Topic: How To Invest

Pat: Is Market Vectors Nuclear Energy ETF a good way to invest in the growth of nuclear power? Thank you.

Article Excerpt

Market Vectors Nuclear Energy ETF, $20.81, symbol NLR on New York (Shares outstanding: 8.1 million; Market cap: $168.5 million), aims to track the performance of the DAXglobal Nuclear Energy Index. The index includes 23 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 (41.6%), nuclear generation (23.9%), plant infrastructure (17.9%), uranium enrichment (5.2%), nuclear conglomerates (4.3%), uranium storage (4.0%), and nuclear fuel transport (3.1%). The index’s top 10 holdings are Exelon Corp. (8.4%), Cameco Corp. (8.4%), Electricite de France (7.7%), Paladin Energy (7.7%), Constellation Energy Group (7.5%), Uranium One (5.6%), Uranium Participation Corp. (4.7%), Areva SA (4.7%), Energy Resources of Australia (4.6%), and USEC Inc. (4.6%). Market Vectors Nuclear Energy ETF first sold units to the…