The current crisis we’re all experiencing has turned into a truly global phenomenon. With each continent experiencing higher numbers of coronavirus cases and deaths every day, investing in any market right now may seem like financial suicide.
That said, for those willing to brave the uncertainty and volatility to buy companies or sectors which are more out of favour than ever (the old buy-low, sell-high trick), I’ve got an Exchange Traded Fund (ETF) for you to consider.
The iShares MSCI UK ETF (EWU) is a broad ETF tracking the performance of the economy of the United Kingdom, Between Brexit, a Boris Johnson government, coronavirus, collapsing oil prices, and a relatively strong British Pound, there doesn’t seem to be a lot to like in terms of outlook for the average North American investor.
For the optimistic investor who believes the political left in Britain and around the world will once again gain traction, the possibility of increased trade and economic growth through immigration and consumer spending in the U.K. could result in this European power emerging from the global recession we now find ourselves in better shape than most of its European peers, a prospect I see as likely.
This ETF is a great way to gain such exposure and get ahead of the curve, so to speak.
Invest wisely, my friends.
