India
is one of the hottest markets on the planet -- returning +73% in 2007 alone
-- and there is no easier way to gain access to this market than with a
solid fund. Based on backtested data, which newly launched, low-cost fund
would have returned +1,010% over the last ten years?
A. PowerShares India (PIN)
B. India Fund (IFN)
C. WisdomTree India Earnings Fund (EPI)
D. Eaton Vance Greater India Fund (ETGIX)
E. Morgan Stanley India Investment Fund
(IIF)
|
|
Published:
April 21, 2008
The
correct answer is
(C.) WisdomTree India Earnings
Fund (EPI)
The new WisdomTree India Earnings Fund
would have returned +1010% over the last ten
years according to backtested data
-- handily beating the benchmark MSCI India Index by +340%. That
translates to an additional return
of $34,000 dollars on an original
investment of $10,000... and this
extra gain was with less volatility.
Why would EPI have performed so well?
In the past decade, the booming Indian
economy has been growing by leaps
and bounds and its stock market has
soared in tandem. This
exchange-traded fund (ETF) tracks the performance
of roughly 150 Indian companies
representing more than $800 billion
in combined market capitalization.
And because WisdomTree weights index
components by annual net income, the
portfolio contains the country's
largest and most-profitable firms,
reducing risk significantly.
Best of all, as a fund trading on
the NYSE,
EPI
cuts out the necessity of
individual investors having to deal
with the strict regulatory
challenges the Indian government
puts in place for foreign investors.
You can simply buy a single share of
the fund and have access to some of
India's most profitable firms -- at
an expense of just 0.88% each year
(compared to some India-focused
mutual funds that charge upwards of
2.64%).
EPI is just one example of the types
of funds featured monthly
in the "New Fund Alert" section of
Nathan Slaughter's
ETF Authority newsletter.
Each issue, Nathan focuses on one
new fund that could lead to big
profits for investors and provides thorough research
and an
in-depth profile to help you gain
from the market's most promising new ETFs
and closed-end funds. To read
more about Nathan's take on EPI --
including the one pitfall investors
need to know before investing in the
fund -- you must be a subscriber to
the
ETF Authority newsletter. To
learn more,
please
visit this link.
|
|
|
|
|
| FREE
six times a week, our newsletter contains actionable investment ideas from
today's leading market analysts. |
|
|
|
|
The Next 437 Banks That Could Fail

There are 7,830 banks in the United
States -- and 437 are in immediate danger of failing.
If you have cash in any of
these banks your savings could be at
risk.

The Best Stocks to Hold Forever

Few people realize these stocks
even exist.
But many of the richest, most
successful investors, politicians and businessmen have been quietly cashing in
on them for decades
Here's how you can too...
|
|
|
|
|