New ETF tracks Coal business

coal etfsEarlier this month, Van Eck Global announced the listing of the Market Vectors-Coal ETF (KOL) on the NYSE Arca.

KOL is the first ETF that enables U.S. investors to gain exposure to a broad spectrum of companies involved in the transport, equipment manufacturing, and production of coal.

The ETF will seek to replicate the Stowe Coal Index (Ticker: COAL), a basket of the securities of coal companies worldwide listed on global exchanges.

For more information, visit Van Eck’s website.

Be Sociable, Share!

Powered by WordPress. Designed by Woo Themes