VT - iShares MSCI Sweden ETF - A Quality ETF Which Is Now Attractively Valued

• Structurally, there's a lot to admire about Sweden.
• The Swedish central bank may have to abandon its dovish policy ahead of schedule and this could aid the Krone which looks relatively oversold.
• Russia and Ukraine account for less than 2% of Swedish imports and exports.
• EWD has had a difficult 2022 (down 26% YTD), but I'd like to believe that most of the risks are largely priced in at this price point.
• EWD offers a compelling dividend yield, and forward valuations are cheap compared to other regional peers.

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