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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 rockhead7on Jan 28, 2010 7:27pm
346 Views
Post# 16730600

RE: RE: Related events

RE: RE: Related eventsDid I say firming?  I meant folding.LOL  Like you I am a little perplexed at the market.  I did not think that .80 accurately reflected the underlying value-and obviously I was right!  But I am committed to the game now and I am standing pat until we all see what cards we are holding.  Based on everything I have heard for the last 5 years I am optimistic-but yeah-I am starting to sweat a bit too! 
Uncoverer, I doubt very much that there is any rethink on the dividend.  The plan was always to divide the number of CSZ  shares by the number of MXI shares outstanding.  The recent price movement( the up movement not the subsequent down movement)caused a lot of warrants to be exercised. That may impact the number of shares you get but not materially.
Its really too bad that we lost the momentum on this one.  ts a lot easier to keep a stock rolling than it is to get a stock rolling-something physicists call inertia.  I think maybe Renmark came out of the gate too quick-made too much of the story too early and couldn't sustain the rally.  Stocks do better with a slow, steady ascent.
Can't blame this on management=they relied on pro's who did not have a game plan thought out.
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