iShares MSCI Australia Index Fund (ETF) (EWA)

southseacapital (< 20) Submitted: 9/17/07 10:44 PM : Start Price: $26.69 EWA Score: -9.15

Australia provides so much to a portfolio.
*Hedge against a falling dollar.
*Largest producer of Uranium
*Commodity based economy

In a terrific world wide position with a proximity to the Pacific and Asian economic regions.
Main Export Destinations
Japan : 18.9%
Asean : 11.7%
China : 9.3%
U.S : 8.1%

Although it is already wealthy at $32,000 GDP per head, I imagine it will grow quicker than the U.S economy.

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