Dear gq community,
Recently, raw materials have been an ever-growing topic here around $RIO (-0,05 %) and co.
In a conversation with a friend, he told me about an actively managed fund with a TER of over 2% and a handsome return of just over 20% last year.
That sounded interesting, but given the high TER, I thought that a cheaper ETF must also work.
So the rabbit dug into the depths of the stock market and found this ETF $WMIN (+2,87 %) with a TER of 0.50%, which is pleasantly broadly diversified across Canada, Australia, the USA, the UK and South Africa and therefore also in different currencies.
The ETF includes shares of $RIO (-0,05 %) or also $CCO (-0,53 %) .
As I am not yet so strongly represented in the commodities sector, I found this ETF interesting and added it to my portfolio.
Perhaps one or two people see it the same way as I do and don't want to try their luck in too many individual shares and find an investment in this ETF.
Greetings from your bunny 🐰
