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.
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.