Russian Small Caps are a Contrarian Pick
Due to Russian President Vladimir Putin’s shenanigans and the ongoing Ukraine situation, many Western investors are fleeing Russia. However, contrarian investors view this as an excellent opportunity to enter the Russian market on the cheap. After all, Russia’s political troubles cannot erase its large market, or its vast natural resources. If those give you enough reason to bet against the negative sentiment surrounding Russia, you may want to look into Market Vectors Russia Small-Cap ETF (RSXJ).
This non-diversified fund seeks to match the performance, before fees and expenses, of an index composed of Russian small-capitalization companies.
Read more about this bet on Russian small caps at Eagle Daily Investor.