Add Vietnam to your ETFs

Article Excerpt

VANECK VECTORS VIETNAM ETF, $15.99, is a buy for aggressive investors. The emerging market ETF (New York symbol VNM) lets you tap into Vietnamese companies and foreign firms that get a significant share of their revenue from the Southeast Asian nation. The ETF’s top holdings for its investors are Vinhomes (real estate), 8.3%; Vingroup (conglomerate), 7.4%; Vietnam Dairy, 6.8%; Bank for Foreign Trade of Vietnam, 6.4%; No Va Land Investment Group, 5.8%; and Mani Inc. (Japanese medical instrument maker with a factory in Vietnam), 5.1%. You pay an MER of 0.68%. The fund cuts some of Vietnam’s above-average political risk for you by investing part of its assets in firms outside of the country. Those firms nonetheless do 50% or more of their business there. That’s better than adding the thinly traded, or illiquid, shares of smaller domestic firms—and a risk-cutting strategy for investors. investors. …

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