Emerging Markets ETFs
am 07.04.2005 18:03:18 von elle_navorskiI'm looking for an ETF whose holdings resemble FNMIX.
I haven't found a good screener for ETFs.
Suggestions welcome.
I'm looking for an ETF whose holdings resemble FNMIX.
I haven't found a good screener for ETFs.
Suggestions welcome.
ETF's rarely do bonds. For stocks indexed to the overall emerging
market there is EEM, ADRE, and the new VWO. etfconnect.com gives
details, and oddly they include closed end funds as a type of etf which
actually may have what you seek (I won't touch a cef).
For etf screeners there are ones at the fidelity, ishares, and other
sites but they don't seem to be complete or highly recommendable; maybe
others can say.
"Elle" <> wrote
> I'm looking for an ETF whose holdings resemble FNMIX.
There isn't one.
Thanks, DS. ADRE, EEM, and VWO are good enough correlations to FNMIX for my
purposes, though VWO appears to be so new (begun in March!) that info on it
isn't as readily available as of this writing.
Incompleteness does seem to be the main deficiency at the ETF screener sites
I'm finding.
"dumbstruck" <> wrote
> ETF's rarely do bonds. For stocks indexed to the overall emerging
> market there is EEM, ADRE, and the new VWO. etfconnect.com gives
> details, and oddly they include closed end funds as a type of etf which
> actually may have what you seek (I won't touch a cef).
>
> For etf screeners there are ones at the fidelity, ishares, and other
> sites but they don't seem to be complete or highly recommendable; maybe
> others can say.
"Elle" <> wrote
> Thanks, DS. ADRE, EEM, and VWO are good enough correlations to FNMIX for
> my
> purposes, though VWO appears to be so new (begun in March!) that info on
> it
> isn't as readily available as of this writing.
Some PhD you are!
VWO will perform in line with the Vanguard Emerging Markets Stock Index
Fund, VEIEX.
The obvious differences are expenses, commissions, and the spread.
This fund has been around for nearly 10 years. How much info do you need?
Vanguard has a website and there are any number of ways to get information
on this fund.
Mark was right, some people are slow learners and others are no learners.
see
"Elle" <> wrote in message
news:aRc5e.2375$
> I'm looking for an ETF whose holdings resemble FNMIX.
>
> I haven't found a good screener for ETFs.
>
> Suggestions welcome.
>
>
Thanks, Marlowe.
"Marlowe" <> wrote
> see
Elle wrote:
>
> I haven't found a good screener for ETFs.
>
> Suggestions welcome.
What do people think of
?
(Morningstar finally added an ETF screener this week.)
--
Mark Freeland
Mark
Not answering your question but referring to the original thread:
I was very interested in the EM ETFs available. However I found their
actual composition to be concerning: big weightings in Taiwanese and
Korean semiconductor stocks, for example. True 'emerging markets' seem
to make up a relatively small portion of the indices (I am thinking
here of banks in Hungary or cement companies in Pakistan, etc.).
Although I am usually a big fan of indexing, it occurred to me that I
was not proxying correctly the sorts of assets to which I wanted to
have exposure (companies heavily exposed to local trends in emerging
markets).
"darkness39" <> wrote
> I was very interested in the EM ETFs available. However I found their
> actual composition to be concerning: big weightings in Taiwanese and
> Korean semiconductor stocks, for example. True 'emerging markets' seem
> to make up a relatively small portion of the indices (I am thinking
> here of banks in Hungary or cement companies in Pakistan, etc.).
>
> Although I am usually a big fan of indexing, it occurred to me that I
> was not proxying correctly the sorts of assets to which I wanted to
> have exposure (companies heavily exposed to local trends in emerging
> markets).
Agreed. I think the EM ETF's leave a lot to be desired.
There is no fixed list of countries that would be emerging economies that I
know of but there are ways to invest in many of them. The MSCI EM Index
includes Argentina, Brazil*, Chile, China*, Colombia, Czech Republic, Egypt,
Hungary, India, Indonesia, Israel, Jordon, Korea*, Malaysia*, Mexico*,
Morocco, Pakistan, Peru, Philippenes, Poland, Russia, S. Africa*, Taiwan*,
Thailand, Turkey, and Venezuela.
*ETF available.
CEF's, while unpopular with many, also have many single country funds
available. Indonesia, Turkey, Thialand, Philippenes, Chile, among others.