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Posted on June 26, 2008

While I was away there was a tidal wave of new product launches.iShares launched a Global Timber ETF under ticker WOOD. I believe that ticker symbol is a bit of a play on words, ahem.iShares has had a fund trading in London that underlies the same index. You can look at it with symbol WOOD.L on Yahoo. It has tracked closely with, but done a little better than, the Claymore Timber Fund (CUT).The info sheet on the iShares site for the US version of WOOD had no info but you can get it from S&P here and you will see a lot of overlap. I have not yet dissected it to see what the differences are and ...

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etf , etfs , ishares , short term , sp , trading , yahoo