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Suggestion for good Natural Resources/Energy Mutual Funds and CEFs
These things have all fallen together, and when the commodity recovers, they will all move up in sympathy. Why complicate things by adding on manager risk and higher expense ratios? -- Why not just buy an energy ETF.. XLE or FENY, for example? Trying to "pick the best one" is just a waste of grey matter, IMO.
Comments
http://www.cefconnect.com/Details/Summary.aspx?Ticker=PEO
While you didn't ask about ETFs, you should consider those too, as profiled here:
http://www.etf.com/Equity_Global_Natural_Resources
http://www.etf.com/Equity_U_S_Energy
http://www.mutualfundobserver.com/discuss/discussion/22950/barron-s-cover-story-time-to-buy-commodities
Why complicate things by adding on manager risk and higher expense ratios? -- Why not just buy an energy ETF.. XLE or FENY, for example? Trying to "pick the best one" is just a waste of grey matter, IMO.