As American markets continue to struggle, many investors have looked beyond US shores to potentially better investment opportunities. Yet with Europe still questionable and major emerging markets like China struggling, some have turned to smaller – and often overlooked – markets in other regions of the world for growth in these uncertain times. In particular, one country stands out for both its strong economy and for how little most American investors know about the nation, the Philippines.
The island nation has been crushing the competition with its market greatly outperforming broad emerging market benchmarks in the year-to-date period. A number of trends have been responsible for this continued surge in the market both from in terms of domestic and exports.
The Philippines has been easily beating out broad emerging market ETFs including EEM and VWO. Now is the right time for investors to learn how to play the Philippine ETF.