投資筆記---新興市場ETF

從綠角財經筆記介紹了新興市場的基金，裡面提到了相關的ETF-VWO，就大致找了些資料：

．Vanguard Emerging Markets ETF(VWO)：主要投資全球新興市場，追蹤指數是MSCI Emerging Markets Index，投資地區包括台灣(台積電、鴻海都是標的物)、中國、韓國、俄羅斯、印度等等。

投資比重：
Country Diversification (% of common stock) as of 06/30/2007
Emerging Mkts ETF 06/30/2006 Emerging Mkts ETF 06/30/2007
Korea 19.6% 15.9%
Taiwan 16.0% 12.4%
Brazil 12.8% 11.3%
China 10.7% 11.0%
Russia — 9.0%
South Africa 10.4% 7.6%
India 7.1% 6.5%
Mexico 6.7% 6.3%
Malaysia — 3.0%
Israel 3.2% 2.5%
Poland 2.0% 1.9%
Hong Kong 0.3% 1.7%
Chile 1.8% 1.6%
Indonesia 1.7% 1.5%
Thailand 1.8% 1.5%
Turkey 1.7% 1.5%
Hungary 1.2% 1.2%
Czech Republic 0.9% 0.8%
Argentina 0.9% 0.7%
Philippines 0.5% 0.7%
Egypt — 0.6%
Peru 0.6% 0.6%
Colombia — 0.2%

官方網頁上有個很有意思的分析：Premium/Discount Analysis as of 07/24/2007，看起來VWO的溢價天數比較多，溢價百分在前25-74.9的比例也有40.5%。

．Vanguard FTSE All-World ex-US ETF(VEU)：顧名思義就是除了美國之外的其他國家(還真是廣泛阿!)，2007/3/2成立，追蹤FTSE All-World ex US Index。目前的投資地區以歐洲比重最高，超過50%。
投資比重：
Country diversification (as of 06/30/2007)
(% of Equities)
Fund Benchmark*
Europe
Austria 0.4% –
Belgium 0.9% –
Denmark 0.7% –
Finland 1.0% –
France 8.4% –
Germany 6.4% –
Greece 0.5% –
Ireland 0.6% –
Italy 3.3% –
Netherlands 3.1% –
Norway 0.7% –
Portugal 0.3% –
Spain 3.4% –
Sweden 2.1% –
Switzerland 4.9% –
United Kingdom 16.9% –
Subtotal 53.6% –
Pacific
Australia 5.0% –
Hong Kong 2.0% –
Japan 15.5% –
Malaysia 0.6% –
New Zealand 0.1% –
Singapore 0.9% –
Subtotal 24.1% –
Emerging Markets
Argentina 0.1% –
Brazil 2.2% –
Chile 0.2% –
China 2.0% –
Czech Republic 0.1% –
Egypt 0.1% –
Hungary 0.2% –
Indonesia 0.2% –
India 1.5% –
Israel 0.3% –
Korea 2.8% –
Luxembourg 0.1% –
Mexico 1.3% –
Peru 0.1% –
Philippines 0.1% –
Poland 0.3% –
Russia 1.4% –
South Africa 1.6% –
Taiwan 2.1% –
Thailand 0.2% –
Turkey 0.2% –
Subtotal 17.1% –
North America
Canada 5.2% –
Subtotal 5.2% –

我也手動作了溢價折價分析，溢價佔7％折價佔了93％，不過成立時間尚短，還需要一段時間觀察。套一句基金界最有名的一句話"過去績效不代表未來績效"未來會怎麼發展倒也是很難說喔!