- The American market continues to look significantly overvalued, despite some of the recent weakness that we have seen.
- There are numerous foreign markets that appear much more reasonably valued.
- EXG can help an investor obtain this foreign exposure and earn a very high yield in the process.
- The fund is still slightly overweighted to the United States but not substantially so.
- The 8.24% yield appears to be sustainable and the fund trades at a historically reasonable valuation.
For further details see:
EXG: American Market Continues To Be Overvalued, Go Abroad With This Fund