For example, South Korea previously said one of the two biggest risks facing Asia’s fourth-largest economy was Fed tapering. With tapering gone, South Korean stocks can continue a rally that has helped the largest ETF tracking the country gain 14.5% in the past month. [South Korea ETF Decent Among Asia ETFs]
Combine South Africa’s status as a major precious metals producer and the intimate correlation of Mexican stocks to their U.S. peers and the no tapering bull case for PIE grows further. Another PIE advantage: Emerging markets consumer stocks have been soaring. PIE’s largest sector weight is 22.1% to consumer discretionary.
PowerShares DWA Emerging Markets Technical Leaders Portfolio
ETF Trends editorial team contributed to this post.