CUT offers plain-vanilla exposure to timber-related equities. The fund selects and weights stocks by market cap, and limits single-stock positions at 5%. The position limit matters in this highly concentrated space the fund caps its exposure to stay RIC-compliant, obtaining more diversification while reducing its pure play exposure. Its MSCI Index holds stocks in the forest, paper and paper packaging industries (per GICS) as well as specialized timber REITS to cover the likes of Weyerhaeuser. Prior to May 20, 2016, CUT tracked the Beacon Global Timber Index, an index with a multifactor selection process that aimed to pick winners rather than match the market. The change was material with respect to holdings, but the funds overall focus has not wavered from global timber exposure.
公司网站 :
https://www.invesco.com/us/financial-products/etfs/product-detail?productId=ETF-CUT
总经理:-
建立时间:2007
公司总部:Invesco MSCI Global Timber ETF
领域:Miscellaneous
行业:Investment trusts/Mutual funds