A New Way to Bet on Gaming with ETFs

gaming etfsA new ETF launched by Van Eck Global enables investors to gain exposure to gaming companies worldwide.

The Market Vectors–Gaming ETF (AMEX: BJK) seeks to replicate the price and yield performance of the S-Network Global Gaming Index (SM) (Ticker: WAGR). Companies in the WAGR index include global casinos, race tracks, sports and horse betters and all derive at least 50% of revenue from gaming.

WAGR currently includes casinos and resorts such as MGM Mirage, Hong Kong’s Melco PBL Entertainment and Kuala Lumpur’s Resorts World. Also included are equipment and technology companies such as International Game Technology and companies engaged in sports and race books and online gaming.

BJK’s total net expense ratio is 0.65%.

For more information visit Van Eck’s website.

Be Sociable, Share!

Powered by WordPress. Designed by Woo Themes