Sweden ETF (EWD) Would Make Vikings Proud | ETF Trends

Swedish experts have confirmed the finding of over 1,000 Viking-era silver coins after their chance discovery by two brothers on the Swedish island of Gotland. The vikings were always known to be wealth accumulators and it looks like their homeland continues to thrive.

Sweden’s economy has outpaced most European countries as far as GDP growth while maintaining a low unemployment rate. After its recent election, many questioned whether Sweden could keep up its positive momentum.

iShares MSCI Sweden Index Fund (EWD) is an index fund that seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the Swedish market, as measured by the MSCI Sweden Index (the Index) compiled by Morgan Stanley Capital International Inc. (MCSI).

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The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.