IGE Profile
The
iShares North American Natural Resources ETF, with the ticker symbol
IGE, is an exchange-traded fund that seeks to provide investors with
exposure to North American natural resources companies. The IGE ETF
tracks the S&P North American Natural Resources Sector Index, which is
designed to measure the performance of companies in the natural
resources sector in North America. The ETF's investment strategy seeks
to provide investors with potential for long-term capital appreciation
through exposure to natural resources companies in North America.
Here's an extended company report for the iShares North American
Natural Resources ETF:
The iShares North American Natural
Resources ETF was launched in 2001 by iShares, a leading global
investment management firm. The ETF seeks to provide investors with
exposure to North American natural resources companies.
The
iShares North American Natural Resources ETF tracks the S&P North
American Natural Resources Sector Index, which is designed to measure
the performance of companies in the natural resources sector in North
America. The ETF's investment strategy seeks to provide investors with
potential for long-term capital appreciation through exposure to
natural resources companies in North America.
As of March 18,
2023, the iShares North American Natural Resources ETF had a net asset
value of approximately $1.5 billion. The ETF's expense ratio is 0.46%,
which is competitive for similar ETFs.
Investing in the iShares
North American Natural Resources ETF involves risks, including the
risk that the ETF's performance may be affected by changes in market
conditions, regulatory changes, and other factors that may impact the
companies in which the ETF invests. In addition, the ETF's performance
may be affected by fluctuations in commodity prices, interest rates,
and other economic factors.
In conclusion, the iShares North
American Natural Resources ETF seeks to provide investors with
exposure to North American natural resources companies. The ETF tracks
the S&P North American Natural Resources Sector Index and seeks to
provide potential for long-term capital appreciation through exposure
to natural resources companies in North America. However, investors
should carefully consider the risks and potential benefits of
investing in the iShares North American Natural Resources ETF before
making any investment
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