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iShares Global Materials ETF V.MXI


Primary Symbol: MXI

The fund seeks to track the investment results of an index composed of global equities in the materials sector. The fund seeks to track the investment results of the S&P Global 1200 Materials Index (the Underlying Index), which measures the performance of companies that S&P Dow Jones Indices LLC (SPDJI), a subsidiary of S&P Global, Inc., deems to be part of the materials sector of the economy and that SPDJI believes are important to global markets. It is a subset of the S&P Global 1200.


ARCA:MXI - Post by User

Comment by netgenxon Dec 22, 2016 12:34pm
192 Views
Post# 25635746

RE:I share the disappointment of MXI holders

RE:I share the disappointment of MXI holders
I sold 40% of my remaining shares @ .195 this morning but expect to take the IMG shares for the balance, as I like the leverage their high cost provides to the price of gold and I suspect that many of the .20 buyers are buying MXI as a way of playing a bounce in IMG after tax loss selling is over. My cost is .125, so although I'm a bit disappointed in the deal, I've had a reasonable return for the years spent here. Where are the rest of you heading after this closes? I'm currently picking away at Fiore (F), Frank Giustra's most recent project which should start getting promoted early next year.
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