Thursday, November 26, 2009
Poland ETF anyone?
Exchange-traded funds (ETFs) can slice and dice stock markets in a multitude of ways.
The latest in single-country ETFs is the Market Vectors Poland ETF (PLND-N25.32----%) launched Wednesday on the NYSE Arca Exchange. It’s the first pure play on Poland’s growing economy.
Poland's economic expansion – its GDP grew 4.9 per in 2008 – is driven by a growing domestic consumer market with little exposure to exports. While most of its peers in Central and Eastern Europe GDPs declined in the second quarter of 2009, Poland’s GDP grew 1.4 per cent.
“In 2009, Poland’s economy is projected to expand, making it the only country in the European Union to report positive economic growth this year,” says ETF provider Van Eck. See investment case for Poland.
http://www.theglobeandmail.com/blogs/fund-watch/poland-etf-anyone/article1378565/
The latest in single-country ETFs is the Market Vectors Poland ETF (PLND-N25.32----%) launched Wednesday on the NYSE Arca Exchange. It’s the first pure play on Poland’s growing economy.
Poland's economic expansion – its GDP grew 4.9 per in 2008 – is driven by a growing domestic consumer market with little exposure to exports. While most of its peers in Central and Eastern Europe GDPs declined in the second quarter of 2009, Poland’s GDP grew 1.4 per cent.
“In 2009, Poland’s economy is projected to expand, making it the only country in the European Union to report positive economic growth this year,” says ETF provider Van Eck. See investment case for Poland.
http://www.theglobeandmail.com/blogs/fund-watch/poland-etf-anyone/article1378565/
