Otherwise, avoid single-country funds and regional funds. ❋ Unknown (2011)
Here are three ways that advisers are using single-country ETFs in portfolios: ❋ Jane Hodges (2011)
Of course, just as investors can use single-country funds to capture certain sectors prevalent in a country, it's possible to use industry-specific sector funds to capture certain countries' economic activity. ❋ Jane Hodges (2011)
France and Germany have balked at similar ideas in the past because they would have to give up their single-country seats. ❋ Sudeep Reddy (2011)
Similarly, Michael Iachini , director of investment-manager research at Charles Schwab Investment Advisory Inc., says his company has used single-country ETFs, including those focused on China, this way since 2010 to "tilt" portfolios toward certain economies. ❋ Jane Hodges (2011)
There's a lot of interest in single-country funds and an increasing array of them to pick from. ❋ Jane Hodges (2011)
In 2008, the United States spent $2.3 billion on its various Aid for Trade programs, and it remains official U.S. policy to be "the largest single-country provider of trade-related assistance, including development of trade-related physical infrastructure." ❋ Ian Fletcher (2011)
Targeting Local Economies Broad international-stock funds and most single-country funds are heavy on large multinational companies. ❋ Jane Hodges (2011)
Investors should understand the sector exposure of any single-country fund they are considering. ❋ Jane Hodges (2011)
IndexIQ added IQ Hong Kong Small Cap and IQ Japan Mid Cap to its mix, bringing its list to seven single-country funds, and it's prepared to launch six more by year-end. ❋ Jane Hodges (2011)
But do single-country exchange-traded funds, in particular, help investors get better international representation—or saddle them with unintentional concentration in particular sectors, companies and economies? ❋ Jane Hodges (2011)
"Small-cap and midcap ETFs are a better way to play regions," because they hold shares of companies that are more likely to do a big portion of their business domestically, says Adam Patti , chief executive at IndexIQ, which offers five small-cap and two midcap single-country funds. ❋ Jane Hodges (2011)
This approach treats single-country funds as what Morningstar Inc. analyst Patricia Oey calls a "satellite holding," one that augments core international holdings in a portfolio, which typically include a geographically diversified large-cap fund. ❋ Jane Hodges (2011)
For the 12 months through June, the three top-selling single-country ETFs were from BlackRock Inc.: iShares MSCI Brazil Index , which took in $2.9 billion, followed by iShares MSCI Germany Index with $1.8 billion in new investment and iShares MSCI Canada Index with $1.5 billion, according to data from the Strategic Insight unit of Asset International Inc., provided by Cerulli Associates. ❋ Jane Hodges (2011)
Tweaking Country Weights One reason to use single-country ETFs is to tweak the exposure to various countries that you get through a broad international or regional index fund. ❋ Jane Hodges (2011)
Sector Additions The sector tilt built into a single-country ETF can be a side benefit of buying a country fund—or a driving factor in the purchase. ❋ Jane Hodges (2011)
