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EWA: Growth Outlook Not Bright In Australia
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Australia Equity – What Is A Lower Dividend Yield Telling Us?
The iShares MSCI Australia ETF offers exposure to the Australian equities market across 73 holdings, concentrated in the financials and basic materials sectors. EWA offers exposure to Australian large- and mid-caps, with a tilt toward financials and materials, resulting in a more comfortable P/E than that of the S&P 500. US equities have outperformed the rest of the world for a long time now. EWA offers investors exposure to Australian equities, providing diversification away from US-centric risks and trade policy uncertainties. Australia's second-quarter inflation drops to lowest since March 2021, supporting case for rate cut Inflation continued to ease in the second quarter, raising bets that the Australian central bank will deliver a rate cut next month.
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