Dutch ETF-Netherlands Best Kept Secret
June 9th at 1:19am by Tom Lydon
The Netherlands exchange traded fund (ETF) is often overlooked although it has displayed consistent performance and boasts high quality multinational companies. The Kingdom of the Netherlands is an open economy that tends toward world trade. iShares MSCI Netherlands Index (EWN) is a basket of 27 high quality, multi-national, Dutch companies, writes Carl Delfeld for ETFXRAY.com. Holdings include ING, ABN Amro, Phillips Electronics, Unilever and Aegon. Sectors include diversified financials, food, beverage and tobacco, banks and consumer durables.
Like many of the ETFs, EWN was affected by last week’s market decline, but the ETF is still up 13% for the year.
