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Profit-prone Asian SPDERS

Our ETF of the day is the SPDR S&P China ETF Fund, (NYSE Arca: GXC) This ETF trades on the New York Stock Exchange and is currently trading at $67.62. The Pacific/Asia (excluding Japan) market may still hold promise as a great place to invest, while the US markets continue to recover. This exchange-traded fund excludes investments in Japan which I believe gives the fund a slight performance advantage. The fund's total return since inception is 9.27%, and it's one year market return, as of 1/31/2010 is 66.43%. The fund is a little pricey, but I think it's worth a look and a possible investment.

Email us with the fund's symbol for more information on how this fund can make you money. Also, with tax season here, take advantage or our low fee Roth IRA and reduce your tax liabilities for 2009. Learn about the tax advantages of a Roth IRA, combined with our set-it and leave-it portfolio service which automatically adjusts your investments based on an asset allocation model that you select. Invest in target date funds, stocks, mutual funds and ETFs- Traditional IRAs are also available. Email us for more info.
 
By Rick Walter

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