Monday, March 1, 2010

Investing in Market Vectors Nuclear Energy ETF (NYSE:NLR)

Market Vectors Nuclear Energy ETF (NYSE:NLR)

Nuclear energy is on the verge of making a huge comeback, and along with it will be those who understand the best ways to invest in uranium, which will struggle to supply the growing demand for the material.

America is going to bring some new nuclear reactors online, and the ever-demanding China has plans to build three times as many nuclear reactors to supply the needs of its people than the rest of the world combined.

Including nuclear reactor being planned, currently under construction, or in the approval stage, they number just under 500 across the world, showing the potential demand uranium will experience for years into the future.

One way to play this is through the Market Vectors Nuclear Energy ETF, which has a goal of mirroring the DAXglobal Nuclear Energy index as closely as possible after you take away various expenses and fees.

Another factor to keep in mind is the ETF has the normal practice of investing a minimum of 80 percent of its assets into global companies working in the nuclear energies business.

Market Vectors Nuclear Energy ETF (NYSE:NLR)

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