Although some are cautious of the sustainability of Australia's economy, history is on its side as that it has yet to see a recession in 19 years. Some ETFs likely to benefit from Australia's strength are the following: iShares MSCI Australia Index Fund ( EWA) which closed at $24.29 on Monday; iShares MSCI Pacific-ex-Japan Index ( EPP), which allocates 68% of its assets to Australia and closed at $43.66 on Monday; CurrencyShares Australian Dollar Trust ( FXA) which closed at $93.25 on Monday. When investing in these equities, it is important to consider the inherent risks that are involved. A good to way to protect against these factors is through the use and implementation if an exit strategy which triggers price points at which an upward trend in gold could potentially be coming to an end. According to the latest data at www.SmartStops.net , the price points for the aforementioned ETFs are: EWA at $23.08; EPP at $41.82; FXA at $90.46. These price points fluctuate on a daily basis and reflect changes in market conditions. -- Written By Kevin Grewal in Laguna Niguel, Calif.
Investors in iShares MSCI Australia Index Fund saw new options become available this week, for the February 2015 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the EWA options chain for the new February 2015 contracts and identified one put and one call contract of particular interest.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Australia ETF where we have detected an approximate $31.2 million dollar outflow -- that's a 1.8% decrease week over week (from 76,600,000 to 75,200,000). START SLIDESHOW:Click here to find out which 9 other ETFs experienced notable outflows » The chart below shows the one year price performance of EWA, versus its 200 day moving average: Looking at the chart above, EWA's low point in its 52 week range is $21.98 per share, with $27.51 as the 52 week high point — that compares with a last trade of $22.10.