March 06, 2013 at 08:00 AM EST
A New Kind Of Mining ETF: Exploring MSXX
The evolution of the exchange-traded fund industry has certainly democratized the commodity investing world, with investors now able to gain cheap and easy access to nearly every corner of this lucrative asset class. And while commodity producer ETFs remain a hot ticket item, there is still room for growth on the production development front. Paul Zimnisky, CEO at PureFunds, recently took the time to discuss the compelling “pure play” ISE Mining Services ETF (MSXX) and his thoughts on where he thinks the mining industry might be heading [see Free Report: How To Pick The Right ETF Every Time]. ETF Database (ETFdb): What was the inspiration behind creating the Mining Services ETF (MSXX)? Paul Zimnisky (PZ): It was the inability to easily invest in the space, there are only a handful of pure play mining services stocks traded in the US and Canada, but abroad more options had become available. MSXX includes [...] Click here to read the original article on ETFdb.com. Related Posts: This Week In ETFs: December 2nd Edition FactorShares Files For Miners ETFs
The evolution of the exchange-traded fund industry has certainly democratized the commodity investing world, with investors now able to gain cheap and easy access to nearly every corner of this lucrative asset class. And while commodity producer ETFs remain a hot ticket item, there is still room for growth on the production development front. Paul Zimnisky, CEO at PureFunds, recently took the time to discuss the compelling “pure play” ISE Mining Services ETF (MSXX) and his thoughts on where he thinks the mining industry might be heading [see Free Report: How To Pick The Right ETF Every Time].  ETF Database (ETFdb): What was the inspiration behind creating the Mining Services ETF (MSXX)? Paul Zimnisky (PZ): It was the inability to easily invest in the space, there are only a handful of pure play mining services stocks traded in the US and Canada, but abroad more options had become available. MSXX includes [...]

Click here to read the original article on ETFdb.com.

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