FXI
-
Going into cash
on
2009/06/29 by
Alex, [ETF,Exchange-traded funds]
Both of the funds that we recommended last week have had excellent gains. IBB, a biotech fund, has earned 4.43% in a week. FXI, a fund that tracks the Chinese stock market, has earned 6.35%. By comparison, the S&P 500 index is up 2.90%. This week, we are going completely into cash. The coming week [...]