Investors Continue Moving into ASEAN Stocks

ASEAN stocks have been in favor lately, with some $680 million flowing into their coffers since the beginning of the year, according to Thomson Reuters and stock exchange data. While data from Singapore is not available, Indonesia, Thailand and the Philippines all reported substantial capital inflows over the past week and year to date.

Investors looking for exposure to these markets may want to consider the Global X FTSE ASEAN 40 ETF (ASEA), which is trading up about 1.44% over the past three months and roughly even for the year to date period. Volume in the index has picked up substantially, while it has also adopted a 2.22% dividend yield for shareholders.