Are you looking to invest internationally but can’t decide which exchange traded funds (ETFs) to choose? Why not pick an ETF that rotates its country holdings for you?
That’s the job of the Claymore/Zacks Country Rotation ETF (CRO). Even though CRO does a lot of work for you automatically, make sure you understand how it works to see if it’s in your best financial interest. CRO may have a heavy weighting in a country or sector where your portfolio already has exposure. Currently, CRO invests 25% in the United Kingdom, 13% in Australia, 11% in Hong Kong and 9% in Switzerland. The sector breakdown is 40% financials, 12% industrials, 8% consumer staples and 8% consumer discretionary.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Mr. Lydon serves as an independent trustee of certain mutual funds and ETFs that are managed by Guggenheim Investments; however, any opinions or forecasts expressed herein are solely those of Mr. Lydon and not those of Guggenheim Funds, Guggenheim Investments, Guggenheim Specialized Products, LLC or any of their affiliates. 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.