Korea. That's a good one. Samsung. LG. KIA. And a few other big, fat shipping companies would be in here.
If you're bullish on one country's prospects, you can buy a fund that just comprises that country's industries and...have at it. The U.S. is really almost "not just one country," in that we have so many profitable industries, it'd be hard to even begin to think about the U.S. as a single "play" in a country fund. But Korea? Sure. Vietnam? Sure. Israel? Sure. As the countries get bigger (hello, China), they don't really deliver the key targeted investment volatility that an investor in it is seeking (and volatility is good when the motion is upward and you're long the stock or investment).
We're hoping to soon have a Mars Fund. C'mon, Elon. We're waiting.
Related or Semi-related Video
Finance: What is a Country Basket (Index...30 Views
Finance, a la shmoop. What is a country basket index fund?
All right we're picking daisies, marigolds, lilies so uh how do we [Pictures of flowers]
rephrase in Italian? Like, we want to fill a portfolio basket with just stocks [Pouring a glass of red wine]
representing the overall financial health of Italy. Is Italy healthy? While
they smoke a lot they drink a lot of wine they eat a bunch of pasta but there
always seems to be a woman from some small village who's celebrating her [Old woman at a birthday party]
117th birthday over there. Well a country basket is just an index fund of
stocks representing a country. Like we're doing Korea... South we're gonna have
in that basket dunno some Samsung, a load of Daewoo, a hunk of Hyundai and some [Company stocks being added to the basket]
nice barbecue on the side. That'd be our Korean country basket and it's a good
basket to fill if you're just bullish on a country but not really sure which
flower on which to place your bets. It's like instead of trying to decide between [The stocks in the basket turn into flowers]
roulette or poker or slots... Well you just buy stock in Las Vegas
Sands you know you bet on the entire casino, and bueno Fortuna you know good [Someone checking their cards in a casino]
luck there pal, doesn't the house always win? Yeah so why do people keep going there?...
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