Whats your favourite ETF....why no Baltic dry Index ETF ??

Bytheway

I cant believe that there is no ETF for the Baltic Dry Index, http://www.investmenttools.com/images/wfut/crb/bdi_log.gif
surely its a matter of time. Has anybody any companies in mind that mirrors the index to an extent.
I think an ETF in gold or gold in general is a fools game. (I probably have to explain that one later
Other popular index, Platinum, URAX , Copper and Nickel, Alt. Energy, FTSE, DJ, DAX etc
I'm primarily looking at ETF Securities.
Has anybody any experience of ETFS or would they recommend another.

dunkamania

Bytheway wrote: »

I cant believe that there is no ETF for the Baltic Dry Index, http://www.investmenttools.com/images/wfut/crb/bdi_log.gif
surely its a matter of time.

Its an index of shipping fares, and is therefore not investable

woodseb

there are ETFs that track shipping companies if you want indirect exposure to the BDIY and they are offered by ETF Secs

http://www.etfsecurities.com/fund/etfs_fund_shipping_large_cap.asp

silverharp

Bytheway wrote: »

I think an ETF in gold or gold in general is a fools game. (I probably have to explain that one later
Has anybody any experience of ETFS or would they recommend another.

You can always go short , thats half the point of an ETF.

In the US and Canada you have iShares and Horizon , it suits me to do my transactions in the evening

A Random Walk

These aren't recommendations but rather some ETFs I like and you might want to take a look at

VT - Vanguard Total World - Low cost, broad diversification
GXC - China
SDY - Dividend ETF (specialised however)
VBR & VOE - Vanguard small and midcap value
MXI - Materials
EZU - Eurozone ETF

I used to own some RJA but I've decided that ETNs are too risky for my liking so no more. Commodity ETFs in general have structural problems.

daveirl

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pjma

Bytheway wrote: »

I cant believe that there is no ETF for the Baltic Dry Index, http://www.investmenttools.com/images/wfut/crb/bdi_log.gif
surely its a matter of time. Has anybody any companies in mind that mirrors the index to an extent.
I think an ETF in gold or gold in general is a fools game. (I probably have to explain that one later
Other popular index, Platinum, URAX , Copper and Nickel, Alt. Energy, FTSE, DJ, DAX etc
I'm primarily looking at ETF Securities.
Has anybody any experience of ETFS or would they recommend another.

Best way to track the bdi is through the aptly named 'SEA' etf, it tracks the likes of dryships & excel marine. BdI is very volitile, so be warned this etf if not for the faint hearted:eek:. Great way to play on a commodity rally.

My favourite etf is the 'MOO', some nice companies here and gives good exposure to the rampant inflation we will probably witness in the coming years. Check out DBA aswell tracks commodity futures.

Bytheway

daveirl wrote: »

This post has been deleted.

Ya I would hope to go long at some stage in the next 2 - 6 months, but i still feel we are in close to the end of a bear market rally and stocks are ready for another fall soon. I feel its to risky to go short so I waiting to see some light at the end of the tunnel