Amid a fair bit of hype, Van Eck issued the long-awaited Market Vectors Coal ETF ( KOL) this week.The fund provides exposure to a segment of the market with compelling long-term supply and demand fundamentals. But it is also potentially volatile. Keep that in mind as I dissect it below. Van Eck has developed an interesting stable of products that are narrowly focused on sectors that do not seem to be covered by other ETF providers. Its willingness to take risk has produced some very successful funds.
New Coal ETF Gets Fired Up
| A Volatile Mix |
KOL's benchmark index is subject to even bigger swings than the Amex Energy Index
|Click here for larger image.|
|Source: Van Eck|