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Do the DOO!
Ok I had say that, but terrible puns aside, today’s investment pick has to do with International exposure in your portfolio. Which if you don’t have any, you are doing yourself a vast disservice. Why? Here’s the bottom line: There is tons of growth going on internationally, and you would be best-served by taking advantage of it. I don’t mean dumping your investment monies into an increasingly speculative China, but you should have some exposure to a variety of international markets. How to invest?
I don’t know about you, but international stocks are not my forte. I’m not about to go digging through the Shanghai Index to find value plays, or seeing what companies are growing fastest in Singapore. These are outside of my realm of expertise and so I move to my next best option: ETFs. In particular, Wisdomtree’s DOO, or International Dividend Top 100 Fund. Sounds snazzy doesn’t it? Here’s the skinny:
“The WisdomTree International Dividend Top 100 Index measures the performance of the 100 highest dividend-yielding companies in the WisdomTree International LargeCap Dividend Index. The Index is created by selecting the top 100 companies ranked by highest dividend yield from the WisdomTree International LargeCap Dividend Index at the annual index measurement date. Unlike the other WisdomTree international indices, which weight components based on cash dividends paid, the Index is dividend-yield weighted.”
Not bad if I do say so, and the fund has given back some impressive returns thus far. Of course most International Funds have done well during this time period, so I’ll hardly use that as a deciding factor. The Fund also weighs in pretty light at a 0.58% expense ratio.
-Xias