Watching gas prices go up and up at the gas station? If you have been looking for ways to profit personally from this rise, consider the MarketRiders Energy Hedge Fund: it includes over 300 ETFs that are impacted by the price of oil and gas including the huge oil and gas companies, exploration and production companies, and service companies which provide drilling services and project management. Pipeline companies which transport crude and other petroleum products, gas and electric utilities provide a bond-like dividend for the portfolio. It also includes alternative energy sources such as wind, solar, and even Tesla cars.
Like all other MarketRiders‘ portfolios, the new Energy Hedge Portfolio has very low fees — only about .5% versus the 1.5% fees charged by energy mutual funds such as Blackrock Energy & Resources and Invesco Energy. The portfolio is found in the portfolio manager so anyone using the MarketRiders service can allocate some investment dollars to take advantage of the run up in oil prices using diversification among over 300 stocks impacted by the price of oil and gas.
I’ll be writing more about MarketRiders in the coming months, as I test the strategy using my real, hard-earned bucks. Stay tuned!