|Day's Range||19.23 - 19.40|
|52 Week Range||12.22 - 19.48|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.60%|
These are some of the top performing international ETFs this year, and they are still in uptrends.
Goldman Sachs still likes emerging market foreign exchange as an asset class, but recommends closing its top trade. Strategists Kamakshya Trivedi, Caesar Maasry and Ian Tomb suggest taking profits in an equally-weighted basket that is long the Brazilian real (BRL), Russian ruble (RUB), Indian rupee (INR) and South African rand (ZAR) versus a short position in an equally-weighted basket of South Korean won (KRW) and Singapore dollar (SGD). In particular, we argued that a basket of high-carry currencies with good fundamentals – 'good carry' – which included BRL, RUB, INR and ZAR had been punished indiscriminately despite improving current account balances, falling inflation, supportive valuations and the prospect of better growth.
There's a rethink going on about when the Fed will tighten its monetary policy, and the verdict seems to be that a rate hike is less likely in the second half of 2017. With risk shifting, the currency strategists at Brown Brothers Harriman, Marc Chandler, Win Thin and Masashi Murata updated their model ranking 25 emerging market currencies based on 15 economic indicators. Thailand's baht tops the list of their best-rated currencies, followed by the Singapore dollar, the Chinese yuan, the South Korean won and the Philippine peso.