One of the hottest trends in investing right now is ETFs. These exchange traded funds are traded as stocks, but they are really baskets of particular stocks. And right now, it might pay to look into the Swedish ETF. Swedish stocks are doing fairly well right now, especially in terms of telecom stocks. And, since Nasdaq bought OMX, the Swedish stock exchange, things are looking just fine for this latest result of cross-Atlantic exchange partners.
But here is what Forbes likes about the Swedish ETF:
The Swedish ETF is also full of best-in-class global companies that
trade at attractive valuations. The top company in the Sweden Index is
telecom equipment maker Ericsson,
which accounts for 21% of the basket. This is a good thing since
Ericsson is a great company and an attractively priced stock.
Additionally, Sweden’s new government has promised to privatize several comapnies that are state-owned, and promises are being made for a more capitalist-based market economy. This has several investors salivating for what should be great forthcoming stock investment opportunities. One of them, former state-owned telecom TeliaSonera, was a great success at its international offering a not too long ago.
ETFs can be great, low cost additions to an investment portfolio. They are fairly cost efficient in most cases, and offer good opportunities for growth. However, they are still considered somewhat risky, and you should be sure of your risk tolerance and carefully consider how much of your investment portfolio is taken up by ETFs.
Disclaimer: I am not an investment professional. Any investment carries risk and can result in loss. Do your own research and/or consult with an investment professional before making investment decisions.