He owns KWEB for some of his clients. A higher beta, higher octane type of name. Longer term it makes a lot of sense since the penetration of the internet in China is much lower than NA. AIA is 50 largest names in Asia that has outside of China and includes other sectors like semiconductors and banks. AIA would be more conservative of the two.
(A Top Pick May 26/17 - Up 18%.) He still likes it. Some concerns lately with the US dollar moving higher and concerns about global trade. Trading 11 times forward earnings. Discount compared to US and European markets. Exposure to largest Asian ex-Japan names. Income is rising in that part of the world.
Prefers this to VA-H which has 58% exposure to Japan, whereas he prefers investing in China, South Korea, Hong Kong and Singapore which are performing better. AIA excludes Japan.
This gives you a diversified exposure to 50 of the largest, most established Asian names in a single strategy. This is trading at under 12X PE on a forward basis, 1.5X Price to book. That is a discount to North America.
iShares S&P Asia 50 ETF is a American stock, trading under the symbol AIA-Q on the NASDAQ (AIA). It is usually referred to as NASDAQ:AIA or AIA-Q
In the last year, 1 stock analyst published opinions about AIA-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for iShares S&P Asia 50 ETF.
iShares S&P Asia 50 ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares S&P Asia 50 ETF.
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1 stock analyst on Stockchase covered iShares S&P Asia 50 ETF In the last year. It is a trending stock that is worth watching.
On 2024-10-08, iShares S&P Asia 50 ETF (AIA-Q) stock closed at a price of $73.98.
Not sure if you can be in Asia without being in China. A lot of names have the growth coming from China or Hong Kong. AIA is a good name, with 50 of the largest names in that region, including China (34%) and Taiwan (31%).
For Japan, EWJ is one to use.
When investing in Asia, he just goes with the large caps and doesn't use any of the mid-cap names.