Ishares Inc.-msci Sth Korea I. Registered Shares (NYSEMKT:EWY)

CAPS Rating: 3 out of 5

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Player Avatar UWMFinanceProf (< 20) Submitted: 1/11/2013 5:02:29 PM : Outperform Start Price: $61.98 EWY Score: -26.51

The pattern of prices of this index, which is 22% Samsung, mimics the S&P500 index over the past 10 years but has outperformed the US market consistently. Politically,the new leadership in Korea is relatively pro-business. Samsung, Hyundai, Kai, and LG are all becoming worldwide recognized brands. And, the smartphones from Samsumg are doing fabulously. I would rather buy Samsung alone, but this rather efficient ETF (.61% expenses) for a foreign index is simple way to bet Samsung and Korea generally.
SAMSUNG ELECTRONICS CO LTD 21.91%
HYUNDAI MOTOR CO   5.14%
POSCO   3.79%
HYUNDAI MOBIS CO LTD   2.98%
SK HYNIX INC   2.77%
LG CHEM LTD   2.45%
KIA MOTORS CORPORATION   2.43%
SHINHAN FINANCIAL GROUP LTD   2.37%
KB FINANCIAL GROUP INC   2.22%
SK INNOVATION CO LTD   1.71%

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