Investors seeking a safe way to invest in Europe should consider Norway-focused ETFs, as the country has one of the healthiest economies in Europe and, moreover, will surely benefit from rising oil prices, according to an article published by Zacks.
Besides being rich in natural resources, Norway’s banks have limited direct exposure to the most vulnerable eurozone countries, the article said. While Norway isn’t officially part of the eurozone, it is nonetheless still tied in to the broader European economy.
Zacks pointed to two funds that can provide investors with direct exposure to Norway:
- Global X FTSE Norway 30 ETF (NYSEArca: NORW)
- iShares MSCI Norway Investable Market Index (NYSEArca: ENOR)
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