Stockchase Opinions

Jeff Black iShares Broad Commodity ETF CBR-T BUY Jan 11, 2011

Came out in October /10. It’s going to be volatile. On the near term it is due for some consolidation. Holds actual commodities. Not averse to the extra risk. It’s another kettle of fish on the risk tolerance side. Keep investments like this in context and be disciplined on your time horizons.
$22.810

Stock price when the opinion was issued

E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

TOP PICK
Broad Commodity ETF. There are very few things where you can get real, true, broad commodity exposure to sugar, wheat, soybeans, etc. Really great way if you believe in the long-term growth thesis. This would be a long-term hold. Think of it as a core holding with 5%-10% of your portfolio.
PAST TOP PICK
(A Top Pick Nov 23/10. Up 12.32%.) Broad commodities ETF. This is the best way to play commodities in Canada. Costs a bit more than others but more diversified than any of the others and therefore safer.
PAST TOP PICK
(Top Pick Dec 29/10, Down 0.75 %) Still the only fantastic commodity product in the Canadian Market place. This is a broad commodity ETF. About 24 commodities.
COMMENT
Broad Commodity ETF. He includes this in some of his more aggressive portfolios. Likes the product and the fact that it is global and commodity-based. Tends to be bullish on commodities right now.
PAST TOP PICK
(A Top Pick June 3/11. Down 11.78%.) This one holds the biggest basket of commodities and has held up the best.
TOP PICK

Make fracking sand. Rough year. Chinese imported synthetic fracking sand but now realize it is a lower quality and are moving back. 16x earnings. Nat Gas will be favourable now that Obama won election.

TOP PICK

Commodities have really underperformed and this is exactly why he is talking about this. Believes in this as being a long-term Hold. In the long-term he thinks commodities are going to do very well.

DON'T BUY

All of these ETFs that have commodity futures in them have some issues. They try to mitigate them by not holding the front month and back month contracts. But they still have some contango. You can get up to a 6% drag from the rollover of futures contracts so unless you have robust growth in commodities, that drag will hurt performance. For the next 2-3 years he thinks we will not have such robust growth in commodities.

PAST TOP PICK

He is trimming.

PAST TOP PICK

(Top Pick Feb 14/13, Down 7.17%) Inflation hedges have not performed as well.