Gaining Greater Access To A Variety Of Luxury Brand Stocks

Investors interested in diversifying their holdings and gaining greater access to a variety of luxury brand stocks might want to consider an exchange-traded fund (ETF) with exposure to a large number of luxury brand stocks.

The SPDR S&P International Consumer Discretionary Sector (NYSEARCA:IPD) is an ETF that tracks the consumer discretionary sector of developed global markets. Holdings include luxury brand stock juggernaut LVMH Moët Hennessy – Louis Vuitton SA and Swedish luxury brand stock multinational retail clothing company H & M Hennes & Mauritz AB.

A brand-new luxury brand ETF worth keeping your eye on is the Renaissance IPO ETF (NYSEARCA:IPO). Tracking the Renaissance IPO Index, one of the top holdings in the index is a 9.8% position in luxury brand stock Michael Kors Holdings.

Despite an anemic U.S. and global economy, the luxury brand stock market has been incredibly resilient. And as long as the stock market and wealth creation continues unabated, the luxury brand stock sector will continue to be bullish.

This article is brought to you courtesy of John Whitefoot from the Daily Gains Letter.

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