WOOD
The iShares ISHARES GLOBAL TIMBER & FORESTRY ETF (WOOD) is an exchange-traded fund (ETF) that tracks the performance of the S&P Global Timber & Forestry Index. The fund is managed by iShares and was launched in 2008.
The S&P Global Timber & Forestry Index is a market-capitalisation-weighted index that measures the performance of 25 of the largest publicly traded companies engaged in the ownership, management, or upstream supply chain of forests and timber lands worldwide.
WOOD is a passively managed index ETF that seeks to replicate the holdings and performance of its benchmark with low tracking error. It is suitable for investors seeking broad, low-cost market exposure.
This is used in this portfolio Stories