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The Richest Woman in the World: How Gina Rinehart Earns her Billions"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.
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