- Asia Pacific is booming. China was the only country with positive GDP growth last year. Taiwan's market is rocketing higher as its companies dominate high-end semiconductors.
- That being the case, U.S. investors looking to diversify into international markets should consider the SPDR S&P Emerging Asia Pacific ETF.
- Interestingly enough considering it is an "emerging markets" fund, with an average P/E=19x, it offers more value than the S&P 500 (average P/E=40x). Price-to-book values are 40% lower than the S&P 500.
- U.S. investors that haven't already done so should be open to diversifying their portfolios with foreign exposure. And China/AsiaPac is the place to be.
For further details see:
GMF: China And Taiwan Markets Are Booming