Loading…
Loading…
The iShares MSCI Singapore ETF has delivered respectable YTD returns of 17%, recently reaching lifetime highs before underperforming in the past few weeks. EWS faces headwinds from declining Singapore GDP growth (from a high threshold), although its important exposure to the global semiconductor supply chain may result in positive surprises. The ETF's heavy 55% exposure to banking stocks is concerning amid rising global GDP rates and potential net interest margin contraction.
International or non-US investing has been quietly putting up robust numbers for shareholders. Today, we are seeing international, gold and even grains of late start to rally, without much give-back in the S&P 500 or Nasdaq.
Singapore equities are among the world's best performers as strong economic growth, resilient bank earnings and a stronger Singapore dollar attract investors. While some fund managers see further upside, others warn valuations have become increasingly stretched after a multi-year rally.
EWS hits a 52-week high as stronger growth and AI momentum bolster Singapore's outlook.
Singapore-focused ETFs emerge as a strategic Asia allocation option on resilience, AI-driven growth and strong momentum.
Singapore's economic strength and stability underpin my buy rating on the iShares MSCI Singapore ETF. EWS has broken out of a long-term consolidation, targeting the 2007 all-time high of $31.94 per share. The ETF offers an attractive, consistent 3.97% dividend yield, supported by 25 years of consecutive payments.
The iShares MSCI Singapore ETF (EWS) offers concentrated exposure to Singaporean equities, with 54% in financials and only 16 holdings. EWS benefits from Singapore's equity market reforms, robust banking sector earnings, and structural AI/digital infrastructure growth, supporting near-term and long-term catalysts. Projected dividend yields from key holdings like DBS (6.1%) and ongoing institutional inflows underpin EWS's income appeal, while valuation appears relatively attractive versus global peers.