Criterion Water Infrastructure

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Criterion Water Infrastructure

Postby par4 » 19 Apr 2008 14:35

Has anyone researched this Mutual Fund and would it be a good way to participate in Water.? I'm not a big fan of Mutual Funds but this was a suggestion by my FA.
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Re: Criterion Water Infrastructure

Postby randomwalker » 19 Apr 2008 15:36

par4 wrote:Has anyone researched this Mutual Fund and would it be a good way to participate in Water.? I'm not a big fan of Mutual Funds but this was a suggestion by my FA.


There are "Water Focused" Exchange Traded Funds" which as the name implies are traded directly on various stock exchanges. Claymore offers a "Global Water ETF" which trades in Toronto and on the AMEX, I'm assuming it is essentially the same fund on both exchanges. In Toronto it trades under the symbol CWW there is also the CWW.A series that will steer a commission to your advisor.

http://www.claymoreinvestments.ca/etfs/ ... a26dd7d794

Other ETFs include
PowerShares Water Resources (PHO) AMEX
PowerShares Global Water (PIO) AMEX

the above is for information only as I own nor have researched any of the ETFs mentioned.
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Criterion Water Infrastructure

Postby par4 » 20 Apr 2008 16:36

Thank you ramdonwalker that was very helpful. I expect why the FA chose Criterion over Claymore was the commission. I felt I was already paying him enough.
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Postby parvus » 20 Apr 2008 17:33

Why don't you ask him? Do you have upfront fee disclosure? If you don't trust him or have suspicions about the rationale behind his recommendations, it would seem salutary to end the relationship.
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