ETF Talk: The Pacific Rim Offers Opportunity beyond Japan
Sixty percent of the world’s population lives in Asia, but less than two percent of human beings live in Japan. With those population numbers in mind, you may want to focus your investments on some non-Japanese equities in the Pacific Rim that are tied to other developed economies in the region. One way to do so is through the iShares MSCI Pacific ex-Japan Fund (EPP).
This fund seeks results which, before fees and expenses, replicate the performance of an index of stocks from four countries: Australia, Hong Kong, New Zealand and Singapore.
EPP has notched a gain of 4% so far this year, following last year’s 22% jump. The yield of 4.74% offers another reason to own the fund. As the global market situation improves, so should the markets in the Pacific Rim, which this ETF is poised to tap.
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