Exchange-traded funds offer a convenient way to invest in sectors or niches that interest you. If you expect the global infrastructure industry to take off as the world's economies heat up and demand grows for improvement projects, energy, and more, the iShares S&P Global Infrastructure Index ETF
ETFs often sport lower expense ratios than their mutual fund cousins. The iShares ETF's expense ratio -- its annual fee -- is a relatively low 0.48%. It was recently yielding a solid 4.5%, as well.
This ETF outperformed the world market over the past year, but underperformed it over the past three. As with most investments, of course, we can't expect outstanding performances in every quarter or year. Investors with conviction need to wait for their holdings to deliver.
With a low turnover rate of 16%, this fund isn't frantically and frequently rejiggering its holdings, as many funds do.
What's in it?
Plenty of global infrastructure companies had strong performances over the past year. Duke Energy
Natural gas specialist Spectra Energy
Other companies didn't do as well last year, but could see their fortunes change in the coming years. Exelon
Down 5%, India-based Tata Communications
The big picture
A well-chosen ETF can grant you instant diversification across any industry or group of companies -- and make investing in and profiting from it that much easier.
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