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iShares S&P Global Timber & Forestry Index ETF (WOOD)

- NASDAQ
  • Sep. 11, 2013, 3:50 PM
    • U.S. REITs had a tough August, falling 6.23% on a total return basis, according to NAREIT. The YTD return has now gone slightly negative. This compares to the S&P 500 off 2.9% in August and up 16.15% YTD.
    • Not all sectors are down though. Lodging/Resorts leads, gaining 10.85% YTD. Self-Storage, Manufactured Homes, and Timber (CUT, WOOD) have also gained.
    • Leading on the downside are mortgage REITs (MORT), off 5.59% YTD. Apartments and Retail are also posting losses YTD.
    • REIT ETFs: FRI, WREI, FTY, ICF, IYR, REM, REZ, RTL, PSR, KBWY, SCHH, RWR, VNQ, DRN, URE, DRV, SRS, REK, ROOF, REZ, MORL.
    | 3 Comments
  • Nov. 6, 2012, 11:13 AM
    Brookfield Asset Mangement (BAM) nears a deal with China Investment Corp. to sell a 12.5% stake in its Canadian timber assets for about $100M, according to sources. Brookfield has made clear it intends to monetize these assets and has found a willing buyer in CIC which has made clear its desire to shift investments from paper to real things.
    | Comment!
  • Jul. 18, 2012, 12:10 PM
    Harvard is taking a shine to natural resources - particularly timber (WOOD, CUT) - maybe at the expense of private equity and hedge funds, according to the normally secretive endowment chief Jane Mendillo. Of distressed credit in Europe, she's interested, but notes it's the hot new investment area and will take a pass for now.
    | Comment!
  • Jun. 27, 2011, 12:49 PM
    Universal Forest Products (UFPI -11.7%)) drops to a new 52-week low after saying sales through May were worse than expected, and demand will be weak for the remainder of FY11. As a result, it plans to cut costs through layoffs and reduced spending.
    | Comment!
  • Dec. 26, 2008, 1:08 PM
    After a relentless decline, some analysts think the lumber market (CUT, WOOD, RYN, PCL, WY, IP) is laying the foundation for a rally in 2009. Asif Suria has a great article on timber as a portfolio component.
    | Comment!
  • Jun. 30, 2008, 1:44 PM
    Timber ETF shareholders, who think they're diversifying into an attractive asset class, are getting a raw deal. (CUT, WOOD)
    | Comment!
WOOD vs. ETF Alternatives
WOOD Description
The iShares S&P Global Timber & Forestry Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Global Timber & Forestry Index.
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