The Transparency International 2014 Corruption Perceptions Index has been released and, according to the report, the least corrupt nations on Earth are Denmark, New Zealand, Finland and Sweden. There has been no change to the top four over the last two years. The United States came in at an unimpressive ranking of 17.
As investors look overseas for investing opportunities, it may not hurt to invest money in countries where corruption is not a major issue. On the flipside, their perception of corruption level does not necessarily suggest investment returns greater than their peers. Below is a look at the performance of ETFs that track the top four countries.
iShares MSCI Denmark
The iShares MSCI Denmark Capped ETF is a basket of 41 Danish stocks with a heavy emphasis on the industrial and financial sectors. The ETF has struggled to regain its high from earlier this year, but remains higher by 8 percent in 2014. With 23 percent of the ...
/www.benzinga.com/etfs/specialty-etfs/14/12/5054463/a-look-at-4-etfs-from-the-4-least-corrupt-countries alt=A Look At 4 ETFs From The 4 'Least Corrupt' Countries>Full story available on Benzinga.com
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