I am an index funds investor guy with Schwab and Vanguard index funds. My financial advisor, independent assets under management, is recommending a fund I really don't understand. GUNR, is a FlexShares Morningstar Global Upstream Natural Resources index fund. FlexShares states this is a balanced exposure to three traditional(30% in agriculture,energy and metals and two non traditional(5% timber and water) natural resources.
Financial advisor is recommending GUNR to buy after selling MLPZX. MLPZX was 6% of total account assets. All index funds with Schwab and Vanguard have and are doing very well for several years. My thoughts are just buy more index funds, which I understand, or take a chance with GUNR. In researching GUNR, I noticed Vanguard has VAW which is an MSCI US investable market materials 25/50 index. Whatever that is?
Need thoughts and opinions about going forward with GUNR,thanks in advance
ukwildcat
Financial advisor is recommending GUNR to buy after selling MLPZX. MLPZX was 6% of total account assets. All index funds with Schwab and Vanguard have and are doing very well for several years. My thoughts are just buy more index funds, which I understand, or take a chance with GUNR. In researching GUNR, I noticed Vanguard has VAW which is an MSCI US investable market materials 25/50 index. Whatever that is?
Need thoughts and opinions about going forward with GUNR,thanks in advance
ukwildcat