This month, oil has fallen below $ 40 a barrel amid record oil supply in the market and reducing demand from stagnating economies like China. Investors who have invested in energy companies suffered respective losses - based on AMarkets.
Zacks Investment Research Company found on the market three ETF-fund, which could earn 60% th loss of oil. Losses for one sector can be translated into profit for the other. Automotive and Transportation segment - direct benefetsiary in this situation. An indirect benefit from the situation got the retail and consumer sector. Most likely, cheap oil - not a short-term phenomenon. US crude oil inventories - 80-year high - data EIA.
The funds, which benefit from cheap oil:
* Fidelity Select Automotive Portfolio (FSAVX): falling transport prices on cheap oil. Fidelity Fund invests primarily in companies associated with the transport industry and production of spare parts for various types of transport. The Fund invests in companies around the world.
* Other ETF with the same parent company - Fidelity Select Consumer Discretionary Portfolio (FSCPX): low oil prices translated into lower prices for gasoline and heating resources. Consumers are spending more money in the retail, food service segment, as well as tourism. Background specializes in consumer retail.
* Putnam Global Consumer A (PGCOX): Fund also specializes in consumer retail. The fund gained 6.3% and 5.3% in 2015 and 2014. . The three-year and five-Income Fund - a 13.9% and 11%, respectively.