iShares Global Timber & Forestry ETF (WOOD) — ()
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Fight over lumber tariffs could reshape future of US home building
Published: by:
Sentiment: Positive ()
Lumber is in the spotlight as the National Association of Home Builders and the U.S. Lumber Coalition disagree about what's behind the U.S. housing market experiencing a slump.
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About iShares Global Timber & Forestry ETF WOOD
The fund will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The fund is non-diversified.