#7 – iShares MSCI Canada Index Fund
If you’re not eager to take a stake in an individual Canada stock, or if you just don’t have enough money to invest in Canada and stay diversified, consider carving out a piece of the iShares MSCI Canada Index Fund (EWC). This Canada ETF fund is a great way to play the entire country’s strength. Top holdings include the aforementioned Royal Bank of Canada (6.8% as of 7/30), TD bank (5.7%) and Scotiabank (4.7%). Also included are Canada commodity stocks such as Barrick Gold (NYSE: ABX) and Canadian Natural Resources (NYSE: CNQ), each with a stake of over 3% in this fund.
As of this writing, Richard Young was recommending all of these investments to subscribers of his Intelligence Report advisory service.