CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks.Trading CFDs is high risk and is not suitable for everyone. Refer to our PDS and Target Market Determination. AFSL 513393
Trade iShares Global Timber & Forestry ETF - WOOD CFD
The investment seeks to track the investment results of the S&P; Global Timber & Forestry IndexTM composed of global equities in or related to the timber and forestry industry. The fund will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The cleverly named WOOD offers investors a way to access the global timber industry, making this ETF a potentially attractive option for fine tuning a portfolio or implementing a targeted sector rotation strategy. Like many targeted sector ETFs, WOOD is relatively concentrated; there are only about 30 names in total in this fund, and a relatively small handful accounts for a substantial portion of total assets.