Courtesy of Mish.
In Russia Forced to Do Right Thing? Buy Russia? I explained why I bought into Russian equities. In response, I received numerous emails asking me how.
This is not a recommendation. Please do your own due diligence. If anything, I tend to be early.
One easy way is via ETFs. I have three.
- RSX – Market Vectors Russia: PE 6, Dividend 3.88%
- RSXJ – Market Vectors Russia Small-Cap ETF : PE 5, Dividend 1.91%
- TRF – Templeton Russia and East Europe: PE: NA, Dividend 5.2%
This does not constitute advice, I am merely saying what I did. The trailing PEs of RSX and RSXJ are favorable. I do not know what the future holds.
Financial information is from Yahoo Finance, as linked to above.
RSX Monthly
click on any chart for sharper image
RSXJ Monthly
TRF Monthly…