Thailand ETF iShares MSCI Thailand Capped ETF Harry Grieve.
Country Overview Population: 67.7m (2011) Capital city: Bangkok Currency: Thai Bhat Median age: 35 years old Labour force: 39.4m Main Index: SET 50 Inflation: 3% (2012) FOREX reserves: 1.3bn (2013) Exports YoY: +2.53% Imports YoY: -2.45% Fared the credit crisis well due to banking system. 10Y Bond yield: 3.87% ‘The gateway to S.E Asia’.
The ETF Constructed by Blackrock iShares MSCI Thailand Capped ETF Underlying Index: MSCI Thailand IMI 25/50
SWOT Analysis Strengths Diversify through two currencies Strong fundamentals Cheap management costs Opportunities Second largest S.E economy Buying mid range and above new support line Weaknesses Uncertain macro outlook Exposure to US market swings Lack of regulation Threats Emerging market downturns More volatile Harder to obtain information