TheStreet RealMoney

Malaysia ETF Sees Some Sparks

by Don Dion

The iShares MSCI Malaysia Index Fund is attractive compared to other single Southeast Asian nation ETFs because the fund's sector weighting is not overly top heavy. A strong economic report and a successful, record-breaking IPO are also making the EWM look good as a short term play on Southeast Asia. While an ETF such as the iShares MSCI Taiwan Index Fund has over 59% of its assets allocated to information technology, and the iShares MSCI Singapore Index Fund has nearly 50% of its assets in financials, the EWM spreads 65% of its assets across three sectors: financials, industrials and consumer staples. The heaviest weighted sector, financials, makes up only 30% of the fund. Economically, Malaysia saw its third-quarter GDP contract by 1.2% from the previous year. This performance was considerably better than the nearly 4% drop in the previous quarter. The nation's prime...

GET THE REST OF THIS ARTICLE ON REALMONEY NOW >>

Jim Cramer
In Defense of Filthy-Rich Investment Banks
They had willing buyers for their proprietary products, and there was no deception. MORE >>

Don Dion
Build On My Skepticism
The BAB could be a nice short-term play on growing demand for the Build America Bonds. MORE >>

Rev Shark
Sudden Drop in Gold Causes a Wrinkle
Other than that, the market seems to be complacent to a fault. MORE >>

With RealMoney You Get:

Actionable ideas straight from
Wall Street to you
A front row seat to the most authoritative financial forum in town
Immediate access on your
iPhone or Blackberry