Amusing Ticker Symbols
I’ve decided to take a break from my regular ranting and raving in favor of something a little more lighthearted today. Most people would never associate a major publicly-traded corporation with anything remotely resembling wit, charm, or irreverence. To the contrary, most corporations try hard to convey the image of a sober, responsible, conservative corporate citizen. In other words, uptight and boring. But some companies (especially the mutual fund companies that release ETFs and mutual funds), aren’t above having a little fun when deciding on a ticker symbol. Probably even more are unintentionally hilarious. Here are a few of my favorites.
Intentionally Clever Ticker Symbols
PowerShares Dynamic Food And Beverage ETF: PBJ – You’d think food and beverage manufacturers would generally be recession-proof, but PBJ hasn’t fared especially well the last few years. I prefer peanut butter and banana, personally.
Van Eck Agribusiness ETF: MOO – According to the prospectus, the Van Eck Agribusiness ETF invests in companies that derive at least half their income from the agriculture business. That leaves plenty of room for interpretation. If McDonalds to started raising their own cows, would they qualify for inclusion in the MOO fund?
First Trust Global Wind Energy ETF: FAN – This one might not be such a bad buy. Of all the forms of alternative energy out there, wind energy might be the most promising, at least from an investment perspective.
Claymore/MAC Global Solar Energy ETF: TAN – Seems like TAN should be reserved for a tanning salon franchising company, but whatever.
iShares S&P Conservative Allocation ETF: AOK – With only 25% of its assets in stocks, AOK would have served investors well during the recent market crash. One thing’s for sure: investors in this conservative all-in-one ETF should have nothing to worry about.
Unintentionally Funny Ticker Symbols
Claymore/Robb Report Global Luxury ETF: ROB – Freudian slip? Could they be subconsciously saying that most luxury goods amount to highway robbery? I think they might!
Potash Corporation Of Saskatchewan Inc.: POT – Everybody should buy some POT once per month. With their monthly 401k contributions, of course.
I’m sure there are many other hilariously awesome ticker symbols I’ve missed. Post them in the comments!