The Traderszone Network

Published in TZ Latest News 28 April, 2015 by The TZ Newswire Staff

Is India Too Expensive? Its ETFs Are In Trouble

What’s ailing India ETFs? Star performers at the global level until recently, they’ve taken a tumble. Two of the largest exchange traded funds tracking the subcontinent’s equities are each 10% off their old highs, set in early March. IShares MSCI India (INDA), with $3.6 billion in assets, has given up 6.2% so far in April and is up 0.1% year to date. The $2.28 billion WisdomTree India Earnings (EPI) has lost 5% and 1.7% in those periods.

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