Monday, August 27, 2018

iShares MSCI EPHE Philippine ETF Edges Ahead


In the absence of the PH stock market as of Aug 27, 2018 due to the National Heroes day celebration, the US Philippine ETF - EPHE equivalent to the PSEI has edged higher; way ahead of the closing price at 7766.47 as of Aug 24th.

This has given US PH investors a leg up which the local PH stock market would try to play catch up. But we all know how institutional players, along with their respective local & international brokers would try to stay ahead of the game with accessibility to position in the US ETF.
These are the times where retail investors can level a playing field by being able to have the same access level that can Arbitrage Trade in the US market. Thus equally having a strategy to hedge the depreciating value of the PHP against the USD. Or whenever the preference to go long to cost average on a high PH index fund or ETF trade position can also be a strategy. There are other strategies that can be made, for as long as one knows the mechanics.

iShares MSCI Philippines
EPHE · August 27, 11:57 AM EDT
33.31
▲ 0.33 (1.00%)

Although, this may be quite expensive for the regular retail investor, but given the opportunity to do so would be good. For starters to have the knowledge that these two basic strategies are available is already go as they can prepare to be included in their investment portfolio. And let's see how the PSEI reacts after a three day long weekend.

For as long as fresh appetite for volumes to increase with Foreign inflows, only then we would probably see a triple digit move.

Investing & Trading by CORRELATION is in fact complicated, expensive and still does not guarantee a 100% return on investment. However, properly executed strategies provide a greater probability of an overall net positive result. Where the end game of a positive total balance sheet is greater than the number of losses incurred. What this all means is to know how much of the wins you keep is important, and how much lesser you give back to the market is what counts the most. 


1 comment:

  1. Investing & Trading by CORRELATION is in fact complicated, expensive and still does not guarantee a 100% return on investment. However, properly executed strategies provide a greater probability of an overall net positive result.

    Where the end game of a positive total balance sheet is greater than the number of losses. What this all means is to know how much of the gains you keep, and how much lesser you give back to the market is what counts the most.

    ReplyDelete