|Bid||29.00 x 600|
|Day's Range||29.20 - 29.28|
|52 Week Range||24.54 - 30.66|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.48%|
Worried about the steady drum beat of inflation chatter and feel you need a low-cost hedge built into your portfolio? Consider exchange-traded-funds that invest in companies with natural resources, says Mark Carlson, senior investment strategist at FlexShares Funds, a Northern Trust unit that designs and manages ETFs for investors. Northern Trust runs, for example, FlexShares’ Morningstar Global Upstream Natural Resources Index Fund (GUNR)—the largest natural-resources ETF with $4.1 billion in net assets—and it’s an efficient way to get exposure to energy (30% of the total portfolio), raw ore and metals (30%), agriculture (30%), water (5%), and timber (5%).
The bulk of ETF assets in the U.S. today sits in the hands of only three issuers—iShares, Vanguard and State Street. These firms dominate asset flows as well as headlines most of the time. But it’s the smaller, up-and-coming providers that are seeing the more impressive relative growth.
This article is part of a regular series of thought leadership pieces from some of the more influential ETF strategists in the money management industry. Today's article features Rusty Vanneman, chief investment officer of Omaha, Nebraska-based CLS Investments. The U.S. stock market, at least defined by the large companies in the Standard & Poor’s 500 Index, is at an all-time high. It’s been an incredible bull market—extending its streak as one of the longest and strongest in U.S. stock market history.