GRN (IPATH GLOBAL CARB)
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Why I Love This Stock

By:barrons3

Date:01 17 09

A month ago, Xshares Advisors launched the first exchanged-traded fund -- AirShares (ASO) -- geared to this market. It holds futures contracts on the European Union Allowances and seeks to mimic their performance. There also is the iShares Global Carbon exchange-traded note (GRN), as well as indexes, particularly in Europe, that will spawn more ETFs and index mutual funds.

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