. He explains, “Food shortages and the lack of fresh drinking water are likely the most acute and immediate problems. For example, Northwestern India is running out of water, China is raising water prices to curb use and Mexico recently restricted the water supply amid a shortage.”
“Domestically, unbridled use of groundwater in Arizona is a potential disaster. The problem is pipelines and canals don’t extend far enough to deliver water to everyone. And unrestrained drilling in outlying areas is draining the supply,” Steven Halpern Reports From Blogging Stocks.
“One of the best ways to play the water scarcity angle of global climate change and population explosion is through the PowerShares Water Resources Portfolio (PHO). I also now recommend buying Claymore S&P Global Water ETF (CGW), which tracks the performance of the S&P Global Water Index, which is made up of major players in water treatment and delivery systems,” Halpern Reports.
Full Story: HERE
The investment (PHO) seeks results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Palisades Water index. The fund normally invests at least 80% of total assets in American Depositary Receipts and common stocks of companies in the water industry. In pursuit of its objective, it may invest at least 90% of total assets in American Depositary Receipts and common stocks that comprise the Palisades Water index. It is nondiversified.
|TOP 10 HOLDINGS (PHO) ( 46.22% OF TOTAL ASSETS)|
The investment (CGW) seeks investment results that correspond generally to the performance of an equity index called the S&P Global Water index. The fund seeks to replicate, before expenses, the performance of the S&P Global Water index. The index is comprised of 50 equity securities selected, based on investment and other criteria, from a universe of companies listed on global developed market exchanges. It is nondiversified.
|TOP 10 HOLDINGS (CGW) ( 53.89% OF TOTAL ASSETS)|