3 International ETFs to Buy Now

With U.S. stocks hitting all-time highs, it's time to reallocate some cash into cheap overseas equities with fat dividends

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iShares MSCI Australia (EWA)

Australia 300x150 3 International ETFs to Buy NowTotal Assets: $2.1 billion
Expenses: 0.53%
Yield: 5.68%

As a major commodities exporter with close economic ties to east Asia, Australia is getting hit hard by the weak global economy — especially the slowdown in China.

Gross domestic product was growing at a blistering annualized rate of as much as 5% before the financial crisis of 2008. Now it’ll be lucky to finish the year with 2%.

That has been hard on Australia equities, but then, that keeps prices down and yields up. Furthermore, the market’s generous yield makes it easier to wait for these stocks to bounce back.

The iShares MSCI Australia (EWA) has gained just 2.9% for the year-to-date. Top holdings include Commonwealth Bank of Australia (CMWAY), BHP Billiton (BHP) and Westpac Banking (WBK).


Article printed from InvestorPlace Media, http://investorplace.com/2013/10/international-etfs-ews-ewa-enzl/.

©2014 InvestorPlace Media, LLC

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