Topic: How To Invest

Pat: I would assume Greece has terrific investment opportunities. Is it time yet, and do you have any recommendations? Thank you.

Article Excerpt

The Greek situation will remain highly volatile—and the economy and political system have deep structural deficiencies—so we don’t recommend investing in Greek stocks at this point. However, if you do want to speculate on a Greek recovery, one way to do it is through the Global X FTSE Greece 20 ETF, $9.46, symbol GREK on New York (Units outstanding: 31.1 million; Market cap: $294.2 million; www.globalxfunds.com). This fund holds 20 stocks and has a 0.61% MER. The units are down from a high of $24 in early 2014. Top holdings are Coca-Cola HBC (Hellenic Bottling Company) AG, Hellenic Telecom, National Bank of Greece, Eurobank Ergasias SA, Alpha Bank, OPAP SA, Piraeus Bank SA, Public Power and Jumbo SA. SA…