Five top foreign ETFs from iShares

Article Excerpt

The investment industry has created all sorts of exchange-traded funds (ETFs) in recent years. However, quality varies. All too many exist to tap into popular, but risky, themes and fads, so you need to be highly selective with your ETF holdings. ETFs offer very low management fees. In addition to low fees, the best ETFs offer well-diversified, tax-efficient portfolios of high-quality stocks. Here are five foreign ETFs we like: ISHARES MSCI JAPAN INDEX FUND $9.78 (American Exchange symbol EWJ; buy or sell through a broker) is an exchange-traded fund that tries to match the return of the Morgan Stanley Capital International (MSCI) Japan index. The fund’s top holdings include: Toyota Motor, 4.6%; Mitsubishi UFJ Financial Group, 2.8%; Honda Motor Co., 2.4%; Canon, 2.0%; Sumitomo Mitsui Financial, 1.8%; Tokyo Electric Power Co., 1.6%; Nintendo Co., 1.6%; Takeda Pharmaceutical Co., 1.5%; Mitsubishi Corporation, 1.4%; and Sony Corporation, 1.3%. The fund’s industry breakdown is as follows: Industrials, 19.9%; Consumer Discretionary, 18.7%; Financials, 17.0%; Information Technology, 13.4%; Materials, 7.5%;…