CUT - Invesco MSCI Global Timber ETF
|Ex-Dividend Date||Dec 21, 2020|
|Trading Day||April 19|
|Day's Range||38.30 - 38.57|
|52-Week Range||20.61 - 38.57|
The investment seeks to track the investment results (before fees and expenses) of the MSCI ACWI IMI Timber Select Capped Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index, as well as American depositary receipts (ADRs) and global depositary receipts (GDRs) that represent securities in the underlying index. The underlying index is comprised of equity securities of companies that are primarily engaged in the ownership and management of forests and timberlands and the production of finished products that use timber as a raw material. The fund is non-diversified.
|Asset Class |
|Inception Date |
Nov 9, 2007
|Ticker Symbol |
|Index Tracked |
MSCI ACWI IMI Timber Select Capped Index
Top 10 Holdings48.42% of assets
|Packaging Corporation of America||PKG||4.68%|
|Smurfit Kappa Group PLC||n/a||4.32%|
|Stora Enso Oyj||n/a||4.11%|
|Dec 21, 2020||$0.553||Dec 31, 2020|
|Dec 23, 2019||$0.771||Dec 31, 2019|
|Dec 24, 2018||$0.825||Dec 31, 2018|
|Dec 26, 2017||$0.4991||Dec 29, 2017|
|Dec 23, 2016||$0.515||Dec 30, 2016|
|Dec 24, 2015||$0.358||Dec 31, 2015|
The timber industry and sector-related exchange traded funds have been rebounding as lumber prices rallied this year. The iShares Global Timber & Forestry ETF (WOOD) increased 6.1% over the past month a...
Timber is used in furniture, flooring, and, increasingly, architecture. But the forestry sector has lost an estimated $1.1 billion in 2020.
Lumber prices go through the roof
Lumber futures pushed up on several limit moves creating a true bull market.
The latest reading of U.S. manufacturing sector marks the first month of expansion, after five straight months of contraction.