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11ZL

64.15000 EUR
0.76
1.17%
Last update May 9, 7:41 PM CEST
Market closed
Day range
64.15000
64.71000
Previous close
64.91000
Open
64.71000
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iShares Global Timber & Forestry ETF
64.15
0.76
1.17%

Overview

Description

The iShares Global Timber & Forestry ETF is an exchange-traded fund that offers investors exposure to the timber and forestry sector on an international scale. This ETF primarily focuses on companies involved in the ownership or management of forests, production of forest products, and provision of forest-related services. It invests in businesses around the world that contribute to the timber industry and the supply chain, from forest management to timber processing and commercial wood products. By encapsulating companies from North America, Europe, Asia, and beyond, this ETF provides a diversified investment vehicle designed to mirror the performance of the timber industry globally. It is particularly significant for investors interested in sustainable resources and the growing demand for renewable materials. The fund plays a vital role in offering a niche market opportunity that links investors to ecological initiatives and economic sectors benefiting from global construction and infrastructure development.

About

Address
Phone
1-800-474-2737
Website
Instrument type
ETF
Country
Germany
MIC code
XBER
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