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Claymore Investments has just unveiled its new Broad Emerging Markets ETF, to go with its pre-existing BRIC ETF, which of course was focused just on Brazil, Russia, India and China. The fee is higher than the equivalent Vanguard fund but it's hedged back into the Canadian dollar.
I know Emerging Markets got hammered more than most regions in the last 6 months but my impression is it's a region that may also recover more robustly if and when a recovery is enduring. The long-term growth story is well known but perhaps overly hyped?
Details in my blog today:
http://network.nationalpost.com/np/...ymore-unveils-broad-emerging-markets-etf.aspx
I know Emerging Markets got hammered more than most regions in the last 6 months but my impression is it's a region that may also recover more robustly if and when a recovery is enduring. The long-term growth story is well known but perhaps overly hyped?
Details in my blog today:
http://network.nationalpost.com/np/...ymore-unveils-broad-emerging-markets-etf.aspx