ETF Tuesday
Save Darfur, Win Big
06/26/07 - 03:25 PM EDT
- Article Tools
- Email this Article
- Print this Article
- Rss Feed
- Related Articles
- A Mutual Fund That's Kind to Animals
- Buffett Fooling Self on PetroChina's Darfur Ties
- How to Strike 'Green' Gold
- Franklin Templeton Could Feel Darfur's Heat
- Misguided Activism Abounds About Darfur
- Fidelity Slashes Stakes in Petrochina, Sinopec
- Del.icio.us
- Digg
- StumbleUpon
For example, KLD says PepsiCo PEP sells beverage concentrates to an independent bottler in Sudan. So even though it doesn't have equity interest in the bottler, Pepsi is out of the index. SchlumbergerSLB is too. KLD says the company provides support services to oil companies operating in Sudan. The ETF's top 10 holdings are MicrosoftMSFT, AT&TT, Bank of America BAC, Procter & Gamble PG, Johnson & Johnson JNJ, Cisco Systems CSCO, IBMIBM, IntelINTC, VerizonVZ and GoogleGOOG. In contrast, the top 10 holdings of the Russell 1000 include five stocks excluded from the Sudan Free ETF: Exxon Mobil XOM, General Electric GE, CitigroupC, PfizerPFE and ChevronCVX. The KLD Large-Cap Sudan Free SocialSM Index currently has approximately 640 stocks. The Sudan-Free ETF can only benefit as the Sudan divestment movement garners wider support. A number of state governments are enacting legislation to prohibit their public pension systems from investing in companies doing business with the African nation. Just last week, Texas and Hawaii signed divestment legislation, bringing the total to 18 states, according to the Sudan Divestment Task Force. If that keeps up, managers of state pension plans wanting an easy way to follow the law will probably consider it a no brainer to put assets into Claymore's Sudan Free ETF.
This value-minded Integrity offering is hoping to capitalize on the love from animal people.
Its 'independence' from the Chinese government is a crock.
Here's a primer on investing in environmentally friendly companies.
It's got big stakes in firms involved in the country.
Forcing private investors to leave war-torn areas results in more isolation.
The sales follow calls for the fund giant to divest from companies linked to Sudan.
Yahoo! is among the most searched stocks on TheStreet.com. Here's what Cramer had to say about the stock recently.
Catch up on his thinking on the hottest topics of the past week.
Investors will have to deal with a Fed meeting and another flood of earnings and economic data.
Ensco International and Echelon have the potential to move higher in coming days.
See who made what calls.
The addition of video is helping telecom companies compete against cable and satellite companies.
The June West Texas Intermediate contract reflects selling pressure ahead of Tuesday's expiration. But stocks in the sector are generally trading higher.
See who made what calls.
Keep on top of the market and the critical information you need to make more profitable investing decisions.
Sponsored by:
RSS
