Take a Look at South Korean ETF (EWY) as Bush and World Leaders Converge on South Korea
November 18th at 8:58am by Tom Lydon
The annual Asia-Pacific Economic Cooperation Forum has given South Korea a chance to show off a little. It has become the third-largest economy in
Asia after Japan and China, and enjoying gross domestic product growth of 4.4%.
Some feel the bloom may be off the rose, but you can’t argue with the recent progress. "The top four companies make up 40% of the iShares MSCI South Korea Index
(EWY) exchange traded fund, which is up 40% so far this year. Samsung alone
accounts for 23% of this ETF and buying the iShares gives you more
exposure to the top ten South Korean companies."
