Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES


Current DateTime: 05:56:48 23 Nov 2009
LinksList Documentid: 23279679
Expiration DateTime: 11/23/2009 5:57:39 AM

Current DateTime: 05:56:48 23 Nov 2009
LinksList Documentid: 24355697
  • Runway Angels

      The superbowl of fashion shows, models walk down the runway at the 2009 Victoria's Secret Fashion Show.

  • The Richest Members of the US Congress

      Recently, the Center for Responsive Politics found that there are 237 millionaires in the US Congress.

  • 10 Tips to Get Out of Debt

      Renowned financial author Gail Vaz-Oxlade takes a tough-love approach to helping couples in a financial crisis to face reality.

powered by digg

ABOUT THIS BLOG

Get RSS Feed

It's a make-it or break it time for retailers. The holiday selling season is always a critical time for retailers, but this year this may be even more true. With several retailers already falling victim to a drop in consumer spending, and filing for bankruptcy, retailers will be navigating through some tricky waters. Consumers are strapped for cash due to high energy and food prices, and unemployment is rising. The recent credit crunch has made it more challenging for retailers and consumers to borrow.

This blog will look at the winners and losers in the retail space. Who has the right strategy to capture consumer dollars? It also will look for trends in consumer spending and how that will impact the economy.
 
Text Size
Sep.28
8:19 AM ET
Friday, 28 Sep 2007
Wal-Mart ETF: You Want To Invest?

CNBC.com

If you think that the share price of retail giant Wal-Mart [WMT  Loading...      ()   ] will recover from its malaise, then you might also be interested in buying into what looks to be one of the first Wal-Mart Exchange Traded Funds. Then again, if you've heard about the bargaining power that Wal-Mart has and uses to push down the cost of items purchased from its suppliers, you might think twice about putting money into the MyShares Wal-Mart ETF.

According to our partners at Dow Jones, the Montvale, NJ-based company MyShares is launching an ETF that invests in Wal-Mart's suppliers.

I took a look at the SEC filing by MyShares and found this description: The fund will "normally invest at least 90% of its total assets in stocks of companies that derive a substantial portion of revenue from Wal-Mart Stores, Inc."

The ETF is "designed to exploit a unique situation where the world's largest retailer has spawned a sub-industry of dependent companies, including many that are common household names."

The filing doesn't name the companies in the index. I left a message with MyShares head Erik Liik to find out more but haven't heard back as yet. I'll keep you posted.

Questions? Comments?

© 2009 CNBC, Inc. All Rights Reserved

Tools:
PrintEmailAdd This share icon
  • digg share

CNBC HIGHLIGHTS

  • Technology can make or break a fortune in the world of alternative energy.
  • Warren Buffett and Bill Gates discuss the economy and other subjects with CNBC's Becky Quick.
  • Many people are facing the holidays with substantially smaller incomes. Here’s how some are adapting.
  • The Victoria's Secret Fashion Show attracts a big TV audience every year, but this year it may take on even more importance.
  • Jim Cramer
  • Jim Cramer is a proponent of stocks that pay healthy dividends, and here are his top five dividend plays.
  • CNBC’s technology reporter Jim Goldman guides you through the best gadgets to buy this holiday season.
ADD COMMENTS
Remaining characters


Current DateTime: 05:27:33 23 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 01:04:22 23 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 01:45:44 23 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 01:00:28 23 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters