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Published on Oct 19, 2016
The
iShares MSCI All Country Asia ex-Japan is up over 12% year-to-date,
more than double the return of the S&P 500. And it is doing it with
far less volatility than other funds with similar risk, said Jason
Browne, chief investment officer of FundX Investment Group. "The
elimination of Japanese stocks from that fund has really helped as that
country continued to suffer from an economy that refuses to catch fire
despite all the stimulus the Bank of Japan keeps pumping into it," said
Browne. Browne is also bullish on the Vanguard FTSE Emerging Markets ETF
, which is up 16% thus far in 2016. He said the VWO offers investors a
diversified exposure to emerging markets that struggled last year, but
have started to gain traction in 2016 even "in the face of fears of a
Federal Reserve rate hike." The iShares Russell Mid-Cap Value , up 10%
year-to-date, is another one of Browne's top ETF picks. He said mid-cap
stocks are finally starting to benefit from the transition of leadership
from large-caps to the rest of the market. Finally, Browne is a fan of
the SPDR Barclays Convertible Securities ETF , up 6% so far in 2016. He
said he likes the exposure to growth companies "with some yield to chew
on while you wait for them to take off."
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