Popular on the Street:Utilities Select Sector SPDR

The Utilities Select Sector SPDR ETF had a 12-month yield of 3.43% as of this morning.To have a good single digit compound rate of return is a very nice thing to have in a portfolio,said David Kotok,founder,chairman and CIO of Cumberland Asset Management.Cumberland has the etf in its managed portfolios.The fund is insulated from central bank moves and other overseas problems,consisting of mostly domestic electric utilities,with some natural gas,Mr.Kotok,who has a BS in Economics from the University of Pennsylvania's Wharton School of Business,pointed out.*
Morningstar Associates gives the Utilities Select etf five stars out of five.It is a strong,appealing option for investors who want broad exposure to defensive,high-yielding US utilities companies,Morningstar says.It also gives the etf a sustainability rating of three for average.This rating judges how well the companies in etf portfolios are managing the environmental,social and governance issues relevant to their industries.
The top five holdings of the Utilities Select etf are:
1.NextEra Energy Inc;
2.Duke Energy Corp;
3.Southern Co;
4.Dominion Resources Inc;
5.Exelon Corp. *
Utilities Select Sector SPDR ETF (XLU)

Facebook and Investing in Social Media

Global X Funds will wait a few more days for a price that is much more stable to invest in Facebook shares.Co-founder and CEO Bruno del Ama,CFA,feels the people who are there for the longer term will give the stock a much more sensible price.We love the social media space,he says.What are the big secular trends that are taking hold?Social media is one of them.I think Facebook absolutely will be able to monetize.They really created new forms of advertising.They already have 900 million users and growing.Once they focus on monetizing,they surely will find ways to make money,Mr.del Ama projected.The Global X Social Media Index is a globalized fund that contains the likes of LinkedIn,Tencent and SINA,as well as GREE,Hena and Nexon,besides the future Facebook holding.Global X is considered to be the fastest- growing ETF family.It strives to develop innovative ETFs based on global markets.Mr.del Ama has an MBA from the Wharton School of Business. Global X Social Media Index Fund(SOCL),Facebook(FB),LinkedIn(LNKD)