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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 wilwalon Aug 21, 2015 11:35am
83 Views
Post# 24039970

RE:RE:somewhat surprising

RE:RE:somewhat surprisingJust about the only two greens out there today are gold and the VIX.  It's the fear trade today.   I'm  a bit surprise gold isn't up a lot more though, with the US Dollar Index getting whacked badly and the VIX shooting up.  Netgenx, you have probably called it right.  

Let's hope this isn't just a little bear retracement in gold.  It's important over the next few months for IMG to be healthy.  Last quarter's cash burn wasn't good.  Greg's interview indicated that MXI will likely get their paper but even then, taking over MXI is dilutive to their share base at these low prices.  
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