Friday, 25/09/2009 19:45

US investors advised to consider Vietnam's ETFs

Website iStockAnalyst.com, the flagship product of Oregon based corporation Wall Street Tools LLC, has advised US investors to consider Market Vectors Vietnam (VNM) as the best option out of the five recently launched international exchange traded funds (ETFs).

In an article entitled "the five new, hottest international ETFs to consider" posted on Sept. 24, iStockAnalyst.com said that VNM, launched by New York-based Van Eck Global, made its debut on the New York Stock Exchange on August 14, would give investors a slice of the local stock market, including financial, energy, industrial, and consumer companies. It is risky, but the opportunities are huge, wrote the website.

"With a young population, a strategic location and abundant natural resources, Vietnam is one of the world's fastest growing economies. The country exports rice, oil, cashew nuts, and black pepper. Privately owned businesses are thriving and the industrial sector is growing fast," added iStockAnalyst.com.

The site also advised US investors to diversify their portfolio’s into other hot, new markets with one simple trade on the US exchange by considering four other ETFs, namely Market Vectors Indonexia (IDX) from Indonesia, iShares MSCI Peru (EPU), Global X InterBolsa FTSE Colombia 20 (GXG) and Global X FTSE Nordic 30 ETF (GXF) from the Scandinavian countries of Sweden, Denmark, Norway and Finland.

vietnamplus

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