January 04, 2007 at 1:09 am by Tom Lydon
As we saw, the top ETFs (exchange traded funds) for 2006 were in global markets. Will this continue in 2007? As Richard Shaw for Seeking Alpha points out, there were no negative outflow months for foreign funds in 2005 and 2006. Annual total return rates were consistently superior in the emerging and developed markets trend. Emerging markets got a boost from exchange rates, but beat the U.S. markets either way, up 20.90% in local currency and 23.72% in USD. For the next 3-6 months, there are positive expectations for domestic and developed foreign markets.
Tags: Currency ETFs, Emerging Markets
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