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SPDR
Metals & Mining (XME),
an exchange-traded fund (ETF), tracks the S&P Metals & Mining
Index (SPSIMM), a diversified basket of stocks including approximately
80 percent basic materials (base, industrial and precious metals)
and 20 percent energy.
Recently XME's major holdings have included Alcoa (AA), Newmont
Mining (NEM), Nucor (NUE) and Freeport-McMoRan Copper & Gold
(FCX).
The best time to buy XME is at the beginning of a price upside.
Avoid this cyclical ETF when it is on the price downside.
Like most ETFS, SPDR Metals & Mining has low annual expense
but you must pay a commission to buy and sell it.
Click on the blue chart to the right to see more information about
XME.
Related Articles:
Metal Mining Stocks
Portfolio of Gold
and Silver Stocks
Track Metals from Aluminum to
Zinc
Tracking Copper Prices
Tracking Gold
and Silver Prices
Posted January 26, 2007.
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