SPDR S&P Global Natural Resources ETF (NYSE: GNR)

This ETF, distributed by State Street Global Advisors, invests in 92 international large-cap stocks in three sectors: agriculture, energy, and metals and mining. The largest holdings are ExxonMobil, BHP Billiton, Royal Dutch Shell, Total SA, and Glencore plc.

Income Investor

The current economic climate does not favour resource stocks. I wrote at the time I recommended this ETF that it was high risk and we’re seeing the reality of that now. As a result, I recommend selling. Including the distributions received, we have a small gain of 3.5% on this position.- Gordon Pape


Only current subscribers of The Income Investor may view the details of this recommendation.

Interactive Performance Chart

GNR was first recommended here on October 29, 2017