- EWA is a well-rounded ETF with solid risk-adjusted return metrics.
- The domestic macro situation has improved and various leading indicators suggest this may continue.
- The curb on dividend outflows for Australian banks have been lifted and the quantum of deferred loans have reduced; recent stress test results were very encouraging.
- Australia's commodity-driven nature makes it a leading contender to benefit from global infra-related spending.
- EWA has just broken out of a descending channel pattern.
For further details see:
iShares MSCI Australia ETF: 5 Reasons Why I'm Optimistic About This ETF