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Posted by
Two Blokes Jun 8 -
Filed in
Stock
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IXC is a passively managed global energy sector ETF, which I evaluate for its current investment appeal. My previous cautious outlook on IXC has been validated, as the fund has notably underperformed the broader equity market. I see a contrarian opportunity in this fund as expectations are low and crude oil prices are depressed enough that I think the next move will be higher.
