|Bid||33.70 x 800|
|Ask||33.73 x 900|
|Day's Range||33.67 - 33.84|
|52 Week Range||32.22 - 37.15|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-1.92%|
|Beta (5Y Monthly)||0.54|
|Expense Ratio (net)||0.59%|
The iShares MSCI Philippines Index (EPHE) gained just 8.5% last year, less than half the returns offered by the MSCI Emerging Markets Index, so perhaps it's not surprising that the Philippines is one of the least-loved developing economies to start 2020. EPHE, the only dedicated Philippines ETF, seeks to track the investment results of the MSCI Philippines Investable Market Index (IMI). “Barely two weeks into the new year, and the market is the worst performer among major Asian peers, with overseas fund withdrawals reminiscent of January 2008,” reports Bloomberg.
The Next 11 or N-11–sounds like a science fiction movie sequel or a bigger-than-necessary boy band, but in fact, it represents the next 11 emerging economies dubbed by global investment firm Goldman Sachs. ...
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A Philippines country-specific ETF stood out on Monday, with the Philippine stock market surging to a 16-month high, on expectations the central bank could enact further interest rate cuts while the government looked into relaxing laws and taxes to bolster investments. The iShares MSCI Philippines ETF (EPHE) was up 2.2% on Monday. The Philippine Stock Exchange officially broke into a bull market on Monday, rising 22% since its November-low, after the central bank committed to resume its policy easing in the second half of the year, Bloomberg reports.
Two neighboring emerging market stock exchanges have outperformed in late 2018. Explore several trading ideas using country-focused ETFs.
While the U.S.-China trade deal remains the biggest mover and shaker for exchange-traded funds (ETFs) in Southeast Asia, one geopolitical event that could affect one country, the Philippines, is the mid-term elections. Its results could have tangible implications for the iShares MSCI Philippines ETF (EPHE). Current Philippines president Rodrigo Duterte is in the midst of his third year in the country's highest office, and more importantly, his tenure is garnering stratospheric approval ratings.
With China's stock market barely recovering from a bear market, smaller Asian economies are performing relatively better, which explains why iShares MSCI Philippines is now among the best ETFs.
On an annual basis, Philippine's fourth-quarter GDP expanded at a 6.1% rate in comparison to the previous quarter's downwardly revised 6.0%, putting EPHE in focus.