Saturday, March 16, 2013

Is it time for investors to reconsider Greece?

''All in all, Greece may be looking more attractive than at any point in the past dozen months or so. However, there are many risks to any investment in a nation still trapped in a depression that has run longer than a half-decade, and that is still on the life-support systems of its Troika of creditors. Nevertheless, any improvement is a change in the direction of the data, a change (hopefully) for the better.

Investors looking to invest in Greece from the U.S. without access to the Greek stock market have few options to invest, but still can invest in diversified portfolios. With an average daily volume of just under 40,000 shares over the past three months, investors could look to the rather illiquid Global X Funds FTSE Greece 20 ETF (GREK -3.10%) to create a portfolio. This portfolio is overweight to economically sensitive sectors such as financials, and consumer stocks which could do well in an economic rebound..''

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