Little Malaysia is full of big surprises, as evidenced by their single country-focused exchange traded fund (ETF).
iShares Malaysia ETF (EWM) has shown strong performance to date and the small country is ranked the 34th largest economy in the world, reports James Brumley for Seeking Alpha.
The growth is being ignited by free trade. The Malaysian government has amped up its trade with other countries; specifically, Australia, New Zealand and the United States. The new trade agreements are also in effect with Pakistan and Japan, and the multi-year plan has also helped the currency, the ringget, reach its strongest level in a decade.
Also, consider that Malaysia is protected from the global economic contraction. Resources are plentiful, such as oil, timber, rubber, minerals and other materials. Malaysia is proving to be a nice alternative to American stocks.
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.