ETF Trends
ETF Trends

While the United States and exchange traded funds (ETFs) here don’t appear to be too enthusiastic about plans for a bailout, it’s a different story in Europe and Asia.

Stocks on both continents rose by varying degrees on the news, says Louise Watt for the Associated Press. The Group of Seven, an organization made of up the world’s leading economic powers, said today that they would do everything they could to help ease the crisis.

Across Europe, Britain’s FTSE 100 rose 0.22%, Germany’s DAX rose 0.42%, France’s CAC 40 rose 0.27%. In Asia, Japan’s Nikkei 225 rose 1.4%, Hong Kong’s Hang Seng jumped 1.6% and in China, the Shanghai Composite jumped 7.8%.

Northern Trust’s line of ETFs offers exposure to the indexes of several countries around the world, all of which launched this year, including:

  • NETS FTSE 100 (LDN), down 19.5% since April 10 inception
  • NETS CAC 40 (FRC), down 17.5% since April 16 inception
  • NETS DAX (DAX), down 18.5% since May 22 inception
  • Nets Hang Seng (HKG), down 17.1% since April 16 inception

Other funds that offer exposure to these countries include:

  • iShares MSCI France (EWQ), down 19.6% year-to-date
  • iShares MSCI Germany (EWG), down 22.3% year-to-date
  • iShares FTSE/Xinhua China 25 (FXI), down 30.4% year-to-date
  • iShares MSCI Japan (EWJ), down 14.5% year-to-date

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.