The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS? Global Agribusiness Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark. The index includes equity securities of companies that generate at least 50% of their revenues from agri-chemicals, animal health and fertilizers, seeds and traits, farm/irrigation equipment and farm machinery, aquaculture and fishing, livestock, cultivation and plantations and trading of agricultural products. It is non-diversified.
Inception Date: 31/08/2007
Primary Benchmark: MVIS Global Agribusiness NR USD
Primary Index: MSCI ACWI NR USD
Gross Expense Ratio: 0.55%
Management Expense Ratio: 0.54 %
|GUNR||FlexShares Global Upstream Nat..||0.46 %||
|XLB||Materials Select Sector SPDR||0.14 %||
|VAW||Vanguard Materials||0.10 %||
|GNR||SPDR S&P Global Natural Resour..||0.41 %||
|BCX||BlackRock Resources of Benefic..||0.00 %||
|XME||SPDR S&P Metals & Mining||0.35 %||
|IGE||iShares North American Natural..||0.48 %||
|NANR||SPDR S&P North American Natura..||0.35 %||
|IYM||iShares U.S. Basic Materials||0.44 %||
|MXI||iShares Global Materials||0.48 %||
|Market Performance vs.
Industry/Classification (Natural Resources)
|Market Performance vs. Exchange (NYSE Arca)|
|Value||Sector Median||Percentile Rank||Grade||Market Median||Percentile Rank||Grade|
|Trailing 12 Months|
|Trailing 5 Years|
|Average Annual (5 Year Horizon)|
|Risk Return Profile|
|Volatility (Standard Deviation)||11.62%||96%||A||62%||D-|
|Risk Adjusted Return||53.78%||67%||D+||48%||F|
|Target Price Action||Rating Action||Analyst||Rating||Price||Date|
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.