20.10.2009 - Currency-basket ETF: A portfolio imperative
From Seekingalpha.com: Given the restrictive nature of financial instruments in the emerging markets, the Wisdom Tree Emerging Currency Fund (CEW) stands out in its ability to capture broad and sudden shifts in investor sentiment; the ETF is mandated to access “non-deliverable” forward exchange (NDF) contracts quoted by a number of seasoned market-makers. To the extent that the leading candidates in the emerging markets spectrum are responding to global developments in their own unique manner, the ETF is thoughtfully diversified........................Full Article: Source
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