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Skating Around Europe’s Debt Crisis With These ETFs

“Europe’s sovereign debt crisis has threatened to upend the strategy of global diversification, leaving investors to wonder how to assess what’s happening and how to invest around this event,” Roger Nusbaum Reports From The Street.

Nusbaum goes on to say, “A crucial ingredient for long-term investment success is figuring out what to avoid. Thanks to ETF specialization, investors can sidestep the worst countries. Four Mediterranean countries carry debt levels that exceed European Union requirements: Greece, Italy, Portugal and Spain. It may take years for those countries to get healthy again. Governments of the countries that use the euro agreed over the weekend to lend as much as $962 billion for struggling member nations. The European Central Bank said it will buy government and private debt. After the announcement, stocks surged.”

“Last fall, I wrote favorably about the new GlobalX Nordic 30 ETF (NYSE:GXF) because it invests in the strongest European countries. In contrast, iShares MSCI Spain (NYSE:EWP), iShares MSCI Italy(NYSE:EWI), iShares MSCI United Kingdom (NYSE:EWU) and the new iShares MSCI Ireland(NYSE:EIRL) are on shaky ground. That means iShares MSCI Germany (NYSE:EWG) and iShares MSCI France(NYSE:EWQ), representing the region’s most fiscally prudent countries, also will be hurt. The two best ETF choices for European exposure are GlobalX Nordic 30 ETF (NYSE:GXF) and the iShares MSCI Switzerland (NYSE:EWL). Both funds have outperformed the other iShares single-country funds since the Nordic 30 ETF debuted last fall,” Nusbaum Reports.


See the article: HERE

Here are some details we put together on the European ETFs including some of the top holdings within the ETFs below:

Global X FTSE Nordic 30 ETF (NYSE:GXF)

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE Nordic 30 index. The fund normally invests at least 80% of total assets in the securities of the Underlying index and in American Depositary Receipts (“ADRs”), Global Depositary Receipts (“GDRs”) and Euro Depositary Receipts (“EDRs”). It may also invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in stocks not included in the underlying index.The fund is nondiversified.

TOP 10 HOLDINGS ( 57.48% OF TOTAL ASSETS)  
 
Company Symbol % Assets
Novo Nordisk A/S Common Stock NVO 9.21
Nordea Bank AB NDA SEK 8.45
Nokia Corporation Sponsored Ame NOK 7.36
LM Ericsson Telephone Company ERIC 7.15
Statoil ASA STO 6.01
  DNSKF 4.01
Hennes & Mauritz AB, H & M ser HM B 3.96
Volvo, AB ser. B VOLV B 3.79
Svenska Handelsbanken ser. A SHB A 3.78
  SDVKF 3.76

Chart forGlobal X FTSE Nordic 30 ETF (GXF)

iShares MSCI Spain Index (NYSE:EWP)

The iShares MSCI Spain Index Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Spanish market, as measured by the MSCI Spain Index.

Top Monthly Holdings*
as of 4/30/2010
BANCO SANTANDER SA 22.79%
TELEFONICA SA 18.45%
BANCO BILBAO VIZCAYA ARGENTA 6.29%
INDITEX 5.17%
REPSOL YPF SA 4.92%
IBERDROLA SA 4.72%
CRITERIA CAIXA CORP 4.07%
ABERTIS INFRAESTRUCTURAS SA 3.29%
ACS ACTIVIDADES CONS Y SERV 3.27%
MAPFRE SA 3.01%
Total 75.96%
*Holdings are subject to change.

Chart foriShares MSCI Spain Index (EWP)

MSCI Italy Index Fund (NYSE:EWI)

The iShares MSCI Italy Index Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Italian market, as measured by the MSCI Italy Index.

Top Monthly Holdings*
as of 4/30/2010
ENI SPA 17.46%
UNICREDIT SPA 13.48%
ENEL SPA 9.85%
INTESA SANPAOLO 7.67%
ASSICURAZIONI GENERALI 4.74%
TERNA SPA 3.91%
FIAT SPA 3.46%
SAIPEM 3.44%
TELECOM ITALIA SPA 3.38%
TENARIS SA 3.31%
Total 70.71%
*Holdings are subject to change.

Chart foriShares MSCI Italy Index (EWI)
MSCI United Kingdom Index Fund (NYSE:EWU)

The iShares MSCI United Kingdom Index Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the British market, as measured by the MSCI United Kingdom Index.

Top Monthly Holdings*
as of 4/30/2010
HSBC HOLDINGS PLC 8.33%
BP PLC 7.73%
VODAFONE GROUP PLC 5.47%
ROYAL DUTCH SHELL PLC-A SHS 5.20%
GLAXOSMITHKLINE PLC 4.50%
ROYAL DUTCH SHELL PLC-B SHS 3.81%
RIO TINTO PLC 3.32%
BHP BILLITON PLC 3.20%
ASTRAZENECA PLC 3.00%
BRITISH AMERICAN TOBACCO PLC 2.94%
Total 47.50%
*Holdings are subject to change.

Chart foriShares MSCI United Kingdom Index (EWU)
MSCI Ireland Capped Investable Market Index Fund (NYSE:EIRL)

The iShares MSCI Ireland Capped Investable Market Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Ireland Investable Market 25/50 Index.

Chart foriShares MSCI Capped Investable  (EIRL)

MSCI Germany Index Fund (NYSE:EWG)

The iShares MSCI Germany Index Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the German market, as measured by the MSCI Germany Index.

Top Monthly Holdings*
as of 4/30/2010
SIEMENS AG-REG 10.34%
E.ON AG 8.96%
BASF SE 6.77%
BAYER AG 6.67%
ALLIANZ SE-REG 6.61%
DAIMLER AG 5.83%
DEUTSCHE BANK AG-REGISTERED 4.88%
SAP AG 4.86%
DEUTSCHE TELEKOM AG-REG 4.53%
RWE AG 4.18%
Total 63.62%
*Holdings are subject to change.

Chart foriShares MSCI Germany Index (EWG)

MSCI France Index Fund (NYSE:EWQ)

The iShares MSCI France Index Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the French market, as measured by the MSCI France Index.

Top Monthly Holdings*
as of 4/30/2010
TOTAL SA 11.11%
SANOFI-AVENTIS 6.98%
BNP PARIBAS 6.34%
GDF SUEZ 4.27%
FRANCE TELECOM SA 3.91%
AXA 3.29%
ARCELORMITTAL 3.27%
SOCIETE GENERALE 3.26%
DANONE 3.13%
VIVENDI SA 3.12%
Total 48.69%
*Holdings are subject to change.

Chart foriShares MSCI France Index (EWQ)

MSCI Switzerland Index Fund (NYSE:EWL)

The iShares MSCI Switzerland Index Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Swiss market, as measured by the MSCI Switzerland Index.

Top Monthly Holdings*
as of 4/30/2010
NESTLE SA-REG 19.05%
ROCHE HOLDING AG-GENUSSCHEIN 12.93%
NOVARTIS AG-REG 11.22%
CREDIT SUISSE GROUP AG-REG 5.63%
UBS AG-REG 4.88%
ZURICH FINANCIAL SERVICE-REG 4.64%
ABB LTD-REG 4.50%
SYNGENTA AG-REG 3.60%
CIE Financiere Richemon – br a 3.38%
HOLCIM LTD-REG 2.51%
Total 72.34%
*Holdings are subject to change.

Chart foriShares MSCI Switzerland Index (EWL)
 


ETF BASIC NEWS, NYSE:EIRL, NYSE:EWG, NYSE:EWI, NYSE:EWP, NYSE:EWQ, NYSE:EWU, NYSE:GXF


 

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