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Germany ETF Has Some Catching Up To Do

Benzinga.com
0 Comments| July 14, 2014

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Germany's convincing, if last minute, win in the World Cup this weekend capped a fantastic global sporting contest that probably saw the best team take home the final trophy.

Despite its fiscally conservative nature, however, the German stock market has yet to show signs of matching the success of their soccer (or football) players in 2014.

The iShares MSCI Germany ETF (NYSE: EWG) is a representative sample of 55 large and mid-cap companies, that is designed to provide targeted exposure to 85 percent of the German stock market. This ETF has over $5.2 billion in total assets and charges an annual expense ratio of 0.48 percent.

Despite a small jump to start the week, EWG has been mired in a trend-less sideways trading range, that has limited ...

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