KOL

KOL

Coal Miners March Higher

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Global coal miner stocks have more than tripled since March, outperforming the broader market by a wide margin. Van Eck Global’s Market Vectors Coal ETF (KOL) recently topped $34, up from $16 at the beginning of 2009 and $11 at the bottom of the March lows.

coal

New ETF Tracks Coal Business

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Earlier this year, Van Eck Global announced the listing of the Market Vectors-Coal ETF (KOL) on the NYSE Arca. KOL is the first ETF that enables U.S. investors to gain exposure to a broad spectrum of companies involved in the transport, equipment manufacturing, and production of coal.