Very steady growth, as well as adding exposure to Russia to our portfolio. With soaring oil prices, Russia is well positioned to grow over our short time horizon

Russia’s ruble has gained more than any other emerging-market currency this month, bolstered by the prospect of higher oil revenues. Its stocks have outperformed as a broad gauge of developing equities sank in the context of Chinese defaults and supply issues linked to continued Covid concerns. Russian equities are positioned to perform well under global tightness in the supply of power-related commodities.

With oil prices soaring, looking toward Russian markets looks extremely attractive, and this ETF is a great way to gain exposure to the energy markets that make up 60% of their total GDP. Highest holding by % is Gazprom, the largest energy company in Russia. As EM rebound along with commodities, and winter comes, this is a perfectly poised investment to succeed in the next few months

Historical trends indicate growth within the last year, attractive ETF to acquire

Investing because there have been consistent positive returns over the past year. The ETF bounced back quickly after the collapse of COVID. Rather than concentrating in specific companies in Russia, we have chosen to invest passively in an ETF that invests in many stocks