Tuesday, May 08, 2007

ETF's

For the first time I traded in ETF's. To get an understanding of what they are go to Morningstar.com. These specialized stocks have fundamentally altered the financial markets, with a sizable percentage of all volume now passing through them directly, or through their underlying components. The iShares Mexico Index Fund (EWW) has been in a powerful uptrend since 2003, rising from 11 to over 50. ( You wonder where I was all this time). I looked at the YTD return (12.78) 3 yrs (48.51) and the 5 yrs (29.43). If I plunge, at the end of the year you will hear from me, BUT if I do well, you'll probably wonder what happened to this post. Let me know whether you have placed trades in ETFs? Hata ka uliungua it's ok!

2 comments:

The Black Mamba said...

I've only just started investing in ETF's and I'm looking to use them to diversify my portfolio in overseas stocks.

Check out the ETF digest link on my blog page. It is very informative.

Kim said...

Thanks much, Ssembonge. I will definitely take a look at the digest.