ETFs targeting Scandinavian countries such as Norway and Sweden may be the way to go to gain relatively safe European exposure given the continent’s still-developing debt crisis, according to an article on Benzinga that quotes Street One Financial ETF trader Paul Weisbruch.
Weisbruch said he suspects a number of market participants remain unaware of the exposure to Nordic countries, but that as they wake up to the funds now on the market, the valuation of the region will spark growth in Scandinavian ETFs, reports Benzinga.
The article mentioned a number of funds including:
- iShares Sweden Index Fund (NYSEArca: EWD)
- iShares MSCI Denmark Capped Investable Market Index Fund (BATS: EDEN)
- iShares MSCI Finland Capped Investable Market Index Fund (BATS: EFNL)
- Global X FTSE Nordic Region ETF (NYSEArca: GXF)
To read the full story, visit Benzinga.com.