EWY

Replacing South Korea with India in my Perfect 5 ETF Portfolio (and adding it to Jubak Picks Portfolio too)

Replacing South Korea with India in my Perfect 5 ETF Portfolio (and adding it to Jubak Picks Portfolio too)

February 8, 2024 | Daily JAM, EWY, Mid Term, Perfect Five-ETFs, Stock Alerts | 3 comments

I try not to argue with cash flows. Especially when I’m making asset allocation decisions. And right now global cash is heading for India. A number of reasons. Portfolio managers looking for diversification need emerging markets exposure and India looks like the best bet. Going long India is, in effect going short China since much of the new India money is essentially old China money fleeing what looks like an economy set to struggle for a while. And there is an India fundamental story based on an economy headed for 7% growth. For all these reasons I’m added the Franklin FTSE India ETF (FLIN) to both my Perfect 5 ETF Portfolio as rep

My choice for overseas ETF exposure: South Korea ETF (EWY)

My choice for overseas ETF exposure: South Korea ETF (EWY)

June 4, 2023 | Daily JAM, EWY, Perfect Five-ETFs | 2 comments

Deciding to sell the iShares China Large Cap ETF (FXI) out of my Perfect 5 ETF Portfolio wasn’t an especially tough decision. (See my post on May 31 “China’s economy continues to slow–and the problems don’t look temporary–so I’m selling my China ETF out of my Perfect 5 ETF Portfolio.” But that decision left me with a quandary and a hole in the portfolio. The iShares China ETF was, despite its sad performance, filling an important diversification function in the portfolio. So what asset should I add to give the portfolio the “required” non-U.S. exposure. That’s not an easy slot to fill at the moment. China’s economy is struggling and many emerging markets are carrying the big burden of falling commodity prices.