A.I.M. For Exchange Traded Funds

[OldAIMGuy]

Good morning EZ, Re: EWJ and EWY.............

I own EWJ in my own accounts and it's done nicely for me for the last year or so. From StockCharts it looks like EWY and EWJ march to the same drummer pretty much. Set the X-axis to 63 days (last quarter) and see how close they are.
http://stockcharts.com/webcgi/perf.html?EWY,EWJ
Both bottomed lower a couple of weeks ago, before this most recent "scare."

In at least one account we added more shares of EWJ when it was down. I own EPP (Asia less Japan) as well and it might have some Korean exposure, but is dominated by Australia, Hong Kong and Singapore, I believe.

The retreat certainly trims off some of the fat that was there and gives these country funds a better chance at future gains.

Best regards, Tom