This ETF is focused on Philippine growth

Article Excerpt

Over the past few years, the Philippines has often made news headlines for the activities of its outspoken President. But the country also experienced a decade of strong economic growth—at least until the Covid-19 pandemic hit in 2020. Here is one ETF that provides you with exposure to the top companies listed in the Philippines. ISHARES MSCI PHILIPPINES ETF $31.90 (New York symbol EPHE; TSINetwork ETF Rating: Aggressive; Market cap: $128.1 million) tracks the performance of the largest publicly listed Philippine companies. Industrial companies account for 31% of this ETF’s assets, while Real Estate (24%), Financials (16%), Utilities (7%), Consumer Discretionary (7%), and Communications (6%) are other key segments. The ETF holds a portfolio of 40 stocks; the top 10 holdings make up 59.7% of its assets. They are SM Prime Holdings (Real Estate, 11.1%), Ayala Land (Real Estate, 8.5%), SM Investments (Industrials, 7.1%), Ayala Corporation (Industrials, 6.3%), International Container Terminals (Industrials, 5.5%), Bank of Philippine Islands (Financials, 4.7%), JG Summit Holdings (Industrials, 4.7%),…