The iShares Natural Resources Sector ETF Is A Great Passive Investment Vehicle
Posted on Wednesday, May 27th, 2009 | In Exchange Traded Funds, Market Commentary
Contributed by: ETF Daily News (http://www.etfdailynews.com) -
iShares S&P North American Natural Resources Sector Index (IGE) is an equity ETF that tracks an index based on US traded natural resources related stocks.
iShares IGE ETF is a passive fund and seeks to replicate the performance of the underlying index. At any given point, it invests about 90% of its assets in the underlying index related stocks.
The iShares IGE ETF has a total operating expense of 0.48%. The iShares IGE ETF may declare and pay out a dividend semi-annually and if there are any capital gains from sales of its assets, it may pay that at the end of the year.
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