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Posts with tag AsianFunds

Thai Capital (TF): Global growth at a discount

"Thailand had a political crisis in 2006, when the democratically elected government was overthrown by a military coup," recalls international investing expert Mike Burnick.

"But the country is emerging from its crisis with a fresh pro-growth mandate," he notes in his Global Market Investor. Here, he looks at a closed-end fund for those seeking to play this trend.

"Thailand experienced a sharp stock market crash and 18 months of political chaos. But now, the crisis appears to have passed. In March, the Thai military stepped aside, and a newly elected government was installed in Bangkok, which looks a lot like Thailand's old government under Thaksin!

"In fact, the newly elected government chose a cabinet that is packed with allies of the former prime minister. Bangkok is also busy pursuing the same pro-growth agenda with an emphasis on tax cuts and government infrastructure spending. . . . And the plan is working.

Continue reading Thai Capital (TF): Global growth at a discount

ETFs: A 'passage to India'

"If you've ever read the great E.M. Forster and his seminal novel A Passage To India, you are probably already acquainted with the riches of India's culture," notes leading fund expert Doug Fabian.

In his Successful Investing, the advisor explains, "Now thanks to two new exchange-traded funds, it's going to get easier than ever to get acquainted with the financial riches of India's equity markets."

"WisdomTree Investments launched what it calls the investment industry's first exchange-traded fund focused on India. The fund, called WisdomTree India Earnings Fund (NYSE: EPI), began trading on Feb. 22. Rival ETF provider PowerShares is right behind with its PowerShares India Portfolio (NYSE: PIN).

"WisdomTree India Earnings Fund invests directly in local Indian securities by selecting from a universe of approximately 150 profitable companies that are included in the WisdomTree India Earnings Index.

Continue reading ETFs: A 'passage to India'

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Last updated: December 02, 2008: 10:54 AM

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