Growth stocks can offer investors an exciting ride, but that ride can be wild (and scary) at times. Younger, faster-growing companies tend to produce higher investment returns but are often riskier.
iShares MSCI EAFE Growth ETF offers exposure to 351 growth equities from developed markets, with a focus on large-cap stocks in industrials and technology sectors. The fund's expense ratio is 0.36%, slightly higher than iShares MSCI EAFE ETF, and it follows a market-cap-weighted strategy for stock selection. EFG has underperformed the S&P 500 due to lower technology exposure, making it suitable for international diversification rather than a core holding.
iShares MSCI EAFE Growth ETF holds over 300 international stocks with fundamental growth characteristics. EFG is diversified across a number of countries and sectors, with a focus on Japan and industrials. EFG has outperformed its parent index since inception, but it has been average over the last 7 years compared to other factor-based ETFs in the same stock universe.
Swiss regulatory concerns scuppered talks between private banks Julius Baer and EFG International over a potential tie-up worth some 15 billion Swiss francs ($17 billion), two sources with knowledge of the matter told Reuters.
Overall, ETFs pulled in $10.4 billion in capital last week, pushing the year-to-date inflows to $324.7 billion.
Overall, ETFs pulled in $12.8 billion in capital last week, pushing the year-to-date inflows to $324.7 billion.
Shares in EFG International jumped on Thursday as rumors swirled that Swiss private bank Julius Baer could be on the verge of taking over its Zurich headquartered rival for 4.5 billion Swiss francs ($5 billion).
Swiss private bank Julius Baer held talks with EFG International about a potential takeover in recent months but the discussions have stopped, people with knowledge of the matter told Reuters.
Switzerland's private banking group Julius Baer is exploring a potential acquisition of rival EFG International , Bloomberg News reported on Friday, citing people familiar with the matter.
International stocks look more appealing relative to the US. EFG provides each access to a growth tilted portfolio of developed equities overseas. Outperformance potential looks real and early.