“South Korea, on the other hand, does not tend to be a high-yielding dividend market, but it is at least looking at some Index providers like FTSE,” noted Christopher Gannatti, WisdomTree global head of research. “It is a developed country, so there is a lot of equity market activity with some very interesting global companies to choose from.”
Combined, India, Taiwan and South Korea represent more than 58% of DGRE’s portfolio and that could be a good thing regardless of whether or not the dollar declines in earnest. The reason? Those countries have long signaled they’re open for business and their political leadership is decidedly pro-growth and pro-markets.
“What are emerging markets? What are developed markets? The real answer these days is that it depends on who you ask. It is more important than ever to look under the hood and think about which countries might be poised to provide strong, pro-business conditions,” concluded Gannatti.
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