ETF Trends
ETF Trends

Broad emerging markets exchange traded funds (ETFs) have eclipsed their 2010 highs with frontier markets such as Turkey and Thailand leading the way.

The $592 million iShares MSCI Turkey Investable Market Index Fund (NYSEArca: TUR) was up nearly 20% over the past month heading into Monday’s session. The Turkey ETF rallied 3% in afternoon dealings Monday and recently broke above its 200-day moving average. [Potential Opportunities in Emerging Market ETFs.]

Other single-country highflyers in the emerging markets category track India, Brazil and Thailand. The $600 million iShares MSCI Thailand Investable Market Index Fund (NYSEArca: THD) rose to a new 52-week high Monday as the ETF neared $70 a share.

The opinions and forecasts expressed herein are solely those of John Spence, 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.