Since top holdings range from Novartis AG to Nestle SA to Hang Seng Bank, its basket of foreign stocks also acts as a natural currency hedge against the U.S. portion of your portfolio.
This ETF is benefiting from some global trends: Dividends have been on the rise around the world thanks to climbing global growth, improved corporate governance practices, and increased payouts from financial institutions. That is the kind of news income investors love to hear.
This article was provided by Reuters.