"Reflecting the stability and maturity of its economy and financial markets, Israel was recently upgraded to developed-market status," says fund expert Mark Salzinger.
In The Investor's ETF Report, he looks at iShares MSCI Israel Capped Investable Market ETF (NYSE: EIS), noting, "For a nation of just more than seven million people, Israel generates exceptional economic productivity."
"GDP per capita was recently $28,200, good for 49th in the world, very close to established developed markets like New Zealand and Italy.
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