Ireland’s low taxes are just one of its appeals

Article Excerpt

Ireland was once known as the Celtic Tiger for the high economic growth rates it achieved between 1995 and 2007. However, the global financial crisis of 2008 to 2009 set the country back significantly. Growth only returned several years later. Still, the country’s low corporate tax rates, duty-free access to the valuable European marketplace, and a well-educated workforce remain attractive to large, multinational corporations. Here’s an ETF that provides you with exposure to the top publicly listed Irish companies. ISHARES MSCI IRELAND ETF $61.00 (New York symbol EIRL; TSI Network ETF Rating: Aggressive; Market cap: $65.6 million) tracks the performance of the largest companies listed in Ireland. Consumer Discretionary stocks account for 30% of its assets, while Basic Materials (27%), Consumer Staples (20%), and Financial Services (11%) are other key segments. The ETF holds a portfolio of 24 stocks; the top 10 holdings make up 77% of the portfolio. They are CRH Plc (Materials, 20.6%), Flutter Entertainment (Consumer Discretionary, 14.4%), Kerry Group (Consumer…