iShares MSCI Australia Index Fund (ETF) (AMEX:EWA)
Exchange Traded Funds
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Love its proximity to China and India.
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The Australian business community is better placed than most countries to exploit the ongoing China and India booms that will last most of the century.
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I like Australian index as a diversification from US stocks. Stable country, will do well if materials or energy continue to remain in demand.
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Take advantage of Oz economy
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An ETF that tracks Australian stocks. The economy in Oz is diverse and booming, and they are a huge trading partner with China. Outlook is good.
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good recent history
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