SPEM: Here Comes China

Macrotips Trading
5.98K Followers
(10min)

Summary

  • SPDR Portfolio Emerging Markets ETF is a low-cost ETF with exposure to high-potential micro-cap companies in emerging markets.
  • The Fund has benefited in recent days from its 30% exposure to Chinese equities as the Chinese government announced stimulus measures.
  • While risks exist, particularly if China fails to sustain its stimulus efforts, I maintain my buy recommendation for SPEM given its current momentum and potential upside.

china flag with indicators and chart

masterSergeant

A few months ago, I wrote a bullish initiation article on the SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM). As part of my strategy of diversifying outside of American equity markets due to valuation concerns, I recommended investors consider

This article was written by

5.98K Followers
Author of the Macro Trends & Inflection Points Newsletter. I spent 5 years as a co-founder and hedge fund CIO / manager. Before that, I was a hedge fund analyst/portfolio manager at a leading Canadian alternative asset manager. I write articles as part of my own due diligence on the stocks that I find interesting.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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