NANR - NANR: A Solid Natural Resource Play

2024-06-02 03:22:42 ET

Summary

• The article discusses the potential impact of China's economic acceleration on commodities and suggests that funds like NANR can be a hedge and benefit from cost-push inflation.
• NANR is an ETF that tracks the S&P North American Natural Resources Index and provides exposure to US and Canadian companies in the natural resources and commodities sectors.
• The fund has a concentrated portfolio with solid valuations and has outperformed other natural resources ETFs. It offers a less volatile way to invest in the sector.

Worried about inflation re-accelerating? The way to play that depends on the source. Let's say China has bottomed and we start seeing some economic acceleration there. What likely happens to commodities? They probably run higher on a pickup of China demand. That's cost-push inflation, and if that's what is coming, then funds like the SPDR S&P® North American Natural Resources ETF ( NANR ) make sense as a way to hedge and benefit from it....

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