But what fascinates me are the alternative asset managers, who are the real
pure play exposure.
Not exact matches
EMLP is not as much a
pure -
play infrastructure MLP approach as it is a diversified, complex basket that goes beyond MLPs in order to meet 1940 Act restrictions on the amount of MLP
exposure an ETF can have.
Its unique
pure -
play approach expands local
exposure to include offshore companies that generate at least 50 % of their revenues in Russia.
SLVP holds a broad basket of silver mining companies, but don't expect
pure -
play: Its holdings just have to earn a majority of their revenues from silver mining, so you'll have
exposure to companies that mine gold and other metals in addition to silver, like Fresnillo PLC..
Cobalt 27 Capital Corp. is a minerals company that offers
pure -
play exposure to cobalt,...
Investors currently have only one choice for
exposure to media stocks in an ETF, and it's not a
pure play.
He and his representatives
played an impressive shell game to maximize his
exposure and earnings, and while I don't blame him for it, it's stupid to insist he came out the other side completely
pure.
For investors who prefer to get
pure exposure to gold and leave the currency
plays to the speculators, Claymore launched an unhedged version of its gold ETF (CGL.C) in March.
But the Vanguard ETF is a
purer play on actual property - owning equity REITs, whereas the iShares fund has
exposure to mortgage REITs and to non-REIT development and holding companies such as Alexander and Baldwin ($ ALEX), which, among other things, produces sugar and coffee on Hawaiian plantations.
In this fund, investors have
exposure to emerging and developed markets with a focus on India, China, and the United States, which could help reduce volatility compared to other
pure plays.
And so, accordingly, it tends to attract pretty dissimilar investor constituencies, who may only focus on: i) a handful of the largest caps, regardless of valuation &
exposure, ii) stocks which (may) offer cheap / alternative access to overseas growth (a surprisingly large number of Irish companies are UK / Europe / globally focused), iii) stocks offering domestic
exposure (notably, economic
pure -
plays are actually pretty rare), iv) a listed commercial & residential property sector that's only emerged in the past couple of years, and finally (& perhaps most notoriously) v) a (junior) resource stock sector that's been decimated in the last few years.
For U.S. investors, the Teucrium Corn Fund (CORN) is the only
pure play option for corn
exposure, though corn is included in a number of broader agricultural ETFs and commodity indexes as well.
These stocks are by no means
pure play on corn, but present another option for investors looking to gain
exposure.