Bloomberg has recently released its forecasts for the most (and least) attractive Emerging Markets, with Turkey and Mexico being identified as offering potential value.
The infographic below details the markets that they believe are most attractive for investors:
If you are looking for direct access to either of these markets, below are 2 potential Exchange Traded Funds (ETFs) that can assist:
iShares MSCI Mexico:
This ETF seeks to track the investment results of a broad-based index composed of Mexican equities and has 61 constituents. It was established in March 1996 and has delivered an annual total return of 9.6% since inception. The ETF trades on a price to earnings multiple of 21 times earnings, offers a distribution yield of 1.8% and a price to book value of 2.29.
iShares MSCI Turkey:
This ETF seeks to track the investment results of a broad-based index composed of Turkish equities. It has 69 constituents and trades on a price to earnings multiple of 11 times earnings, 1.6 times price to book ratio and offers a 0.53% distribution yield.
Accessing global markets:
South African investors are looking to global markets to diversify their investment returns through either managed share portfolios or low-cost index or exchange tracker funds. If you need information on accessing global markets, you can complete the form below or e-mail marc@decusatio.co.za and one of our network will be in contact with you to discuss your requirements.