FYI: The flattening yield curve and slowing American economic growth has investors scurrying into an exchange-traded fund with exposure to every corner of the globe -- except the U.S.
The $3.8 billion iShares MSCI ACWI ex U.S. ETF, or ACWX, took in a record $358 million last week. It hasn’t seen a single day of outflows in more than two months. Almost 17 percent of the fund’s holdings are Japanese equities, and banks are its largest industry group, comprising around 14 percent of the portfolio. Its largest holding is the iShares MSCI India ETF, or INDA.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-12-11/what-do-etf-buyers-want-exposure-to-everything-except-the-u-s?srnd=etfs
