I'm looking for a mutual fund or ETF that specializes in mobile/manufactured homes...any ideas?

Question

I'm looking for a mutual fund or ETF that specializes in mobile/manufactured homes...any ideas?

Answer 1

THose funds are the ones that have lost the absolute most money in the last 2 years.  Most have merged or closed.  You could find a hedge fund that bought a bunch of the "nonperforming" mobile home loans.  They might make some money.  THe problem is that no one is proud of owning these loans so they don't advertise it.

Answer 2

Wow ! That's a very specific area... hard to imagine a fund or ETF covering something that small... and I don't think with gas a $ 4.00 a gallon is the time to invest in " big boxes on wheels" that get single digit mpg !!

Answer 3

There are so few publicly traded mobile home companies still in business that it would have to be a might small mutual fund to specialize in this sector.

Of the one I know about, which are very few, there is Fleetwood Enterprises FLE selling for about 2.40 a share.  Has not made any money since 2000.  That was 8 years ago.  Champion Enterprises CHB selling for about 2.97 a share.  Actually this company did show a profit last year and does have a positive book value at least for the time being.  Coachman Industries COA selling for about 1.98 a share.  Modular homes is a small segment of this company's business.

You can buy 100 shares of each for a grand total of $740.  Start your own personal mutual fund.