Commodities Cushion

leverage potential continued commodity price gains.

Direct exposure to a diversified basket of commodities, such as the S&P GSCI Commodity Index ETF (GSG) or the Dow Jones-AIG Commodity Index ETN (DJP), is not the only way for investors to participate. From an equity investment perspective, we think Canadian, iShares MSCI Canada ETF (EWC), and Latin American, iShares S&P Latin America 40 Index ETF (ILF), equity exposure represents another way to leverage potential continued commodity price gains.

In light of their close geographic and trade ties to the United States, it may seem surprising that Latin America and Canada have fallen significantly less than other major equity indexes through March 7.