….and a top copper ETF

Article Excerpt

GLOBAL X COPPER MINERS ETF $14.14 (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 41.2% of the fund’s holdings. It also includes companies based in the U.S. (11.0%), Australia (8.4%) and Mexico (6.1%), Global X Copper Miners ETF’s MER is 0.65%. Its top 10 holdings are Southern Copper Corporation at 5.3%, Ivanhoe Mines Ltd., 5.3%; Grupo Mexico, 5.1%; Lundin Mining Corporation, 5.0%; Jiangxi Copper Company, 5.0%; Kazakhmys plc, 4.9%; Antofagasta plc, 4.9%; Inmet Mining, 4.8%; Freeport Copper, 4.8%; and Xstrata plc, 4.7%; Copper prices have dropped lately, but over the longer term, rebounding demand and uncertain supply will likely push copper prices higher. Global X Copper Miners ETF is a buy for aggressive investors who want to hold a copper ETF. ETF…