$21.24 0.31 (+1.48%)
11/23/2009 3:59 PM

First Trust ISE Chindia (FNI)

CAPS Rating: 4 out of 5

Exchange traded fund

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Member Avatar hey4ndr3w (97.21) Submitted: 1/13/2009 9:49:08 AM : Underperform Start Price: $10.71 FNI Score: -68.82

Deej, quoting Barron's:

- India's forward P/E is 60% higher than that of emerging markets as a group.

- India's price-to-book ratio is 72% higher than that of emerging markets as a group.

- The Sensex's 2% dividend yield is much lower than that of other emerging markets, which typically are at around 5%.

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Member Avatar vmeka9999 (55.97) Submitted: 1/13/2008 6:02:07 AM : Underperform Start Price: $26.22 FNI Score: +1.04

With US going down I expect chindia to go down

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