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Portfolio Idea: Satrix MSCI Emerging Markets. Discount To U.S. Equities + Accelerating Trend

  • Writer: Lester Davids
    Lester Davids
  • Jun 20
  • 1 min read

Research Notes For 23 to 27 June > https://www.unum.capital/post/r2327june

Trade Local & Global Financial Markets with Unum Capital.

To get started, email tradingdesk@unum.co.za


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Weekly Chart

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Holdings via Latest MDD (30 April)

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Sector Allocation via Latest MDD (30 April)

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  • Previous Post: EEM ETF - A Beneficiary Of U.S. Interest Rate Cuts - Friday, 20 September 2024

  • Pre-Market U.S. Trading Session / Real-Time (South African; 15h02)

  • With the Federal Reserve cutting interest rates, money could potentially flow out of developed markets, into high yielding EM geographies.

  • In addition, high valuations in the U.S. may be a driver for flows into markets with a lower valuation/rating.

  • The Emerging Markets ETF (EEM) trades at a substantial discount to the S&P 500.

  • Current level: $43.78

  • Medium Term Target: +$48

  • Stop-loss/invalidated below: $37


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Lester Davids

Senior Investment Analyst: Unum Capital

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