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iShares MSCI Australia Index Fund (EWA)

Things are going very well “down under,” as stocks that make up the iShares MSCI Australia Index Fund (NYSE: EWA) have powered 10.08% higher over the past month. This fund contains some major natural resources firms such as BHP Billiton (NYSE: BHP) and Rio Tinto (NYSE: RIO), as well as some of the country’s biggest financial institutions.

If you believe in the thesis that the global economic recovery is just now picking up steam, then the natural resources-rich nation of Australia is a great place to capture that energy.

iShares MSCI Australia Index Fund (NYSE: EWA)

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