The fund seeks to replicate performance of the MSCI Pacific index, a market-capitalization weighted index of approximately 562 stocks in Australia, Japan, Hong Kong, New Zealand, and Singapore
| TOP 10 HOLDINGS ( 17.06% OF TOTAL ASSETS) | |
| <spacer type="block" height="1" width="1"> </spacer> |
| Company | Symbol | % Assets | | BHP Billiton Ltd | N/A | 2.89 | | CANON INC. | N/A | 1.3 | | Commonwealth Bank of Australia | N/A | 1.32 | | HONDA MOTOR | N/A | 1.18 | | Matsushita Electric Industrial | N/A | 1.12 | | Mitsubishi UFJ Financial Grp | N/A | 1.99 | | National Australia Bank Ltd | N/A | 1.18 | | Nintendo | N/A | 1.36 | | Sumitomo Mitsui Financial Grp | N/A | 1.14 | | TOYOTA MOTOR CORPORATION | N/A | 3.58 | |
| <spacer type="block" height="2" width="1"> </spacer> |
There is a compelling argument doing the rounds about Japanese stocks-with rising inflation money will enter stocks from bonds and real estate.It doesnt hurt that Japanese stocks are very much below their all time highs and have been down for years.But won't stocks be hurt by high inflation leading to higher rates?I would prefer Yen but since I have that in another portfolio,I am going long Japanese stocks.
$63.27 (06/24/08)
