|Bid||39.19 x 1300|
|Ask||45.06 x 1000|
|Day's Range||44.99 - 45.21|
|52 Week Range||37.95 - 47.00|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.68|
|Expense Ratio (net)||0.46%|
President Donald Trump delivered his highly anticipated State of the Union address Tuesday night. U.S. investors were hoping for a positive update on trade negotiations with China. The ongoing trade war rattled the market in the fourth quarter, and several major U.S. companies have blamed China for earnings and guidance misses.
The VanEck Vectors® Real Asset Allocation ETF (RAAX™) uses a data-driven, rules-based process that leverages over 50 indicators (technical, macroeconomic and fundamental, commodity price, and sentiment) to allocate across 12 individual real asset segments in five broad real asset sectors. These objective indicators identify the segments with positive expected returns. Then, using correlation and volatility, an optimization process determines the weight to these segments with the goal of creating a portfolio with maximum diversification while reducing risk. ...
Money managers are betting on the ongoing need to upgrade and expand the world's infrastructure to accommodate the growing global economy and rising population. Exchange traded fund investors can also tap into this industry through infrastructure sector-specific strategies. Private-equity firms have raised a record $68.2 billion for infrastructure investing for the first three quarters of the year, up 18% over the same period last year and surpassing the $66.2 billion for all of 2016, the Wall Street Journal reports.
MORRIS: In essence one of the things we have accomplished with these three products is to reduce the volatility inherent in all markets, and in particular very volatile markets like the real asset sectors. It’s another way, in a sense, for investors, by keeping those profits through the cycle, they can actually compound their money in a slightly different way as opposed to a buy-and-hold strategy for long periods of time. In some ways this is kind of a marriage of our fundamental investing, long-only investing heritage, particularly in emerging markets and global markets and natural resources.
ONEOK (OKE) reported adjusted EBITDA growth of 30% YoY (year-over-year) in the second quarter. The company’s EBITDA growth in the last four quarters averaged 20%. Similarly, Targa Resources’ adjusted EBITDA grew 26% YoY in the second quarter. The company’s EBITDA growth averaged 15% in the last four quarters.