Access Global ETFs with Unum Capital.
To get started, e-mail lester@unum.co.za
EXI offers access to global industrials, providing reasonably marketlike coverage in a stable, accessible package. It excludes smaller firms by rule, favoring large-caps instead. The fund slightly overweights the firms that already dominate the space due to its market-cap weighting, but avoids geographic biases overall.
Constructive technical setup.
Short term, very overbought, however, over the medium term, the consolidation points to a group that is not overextended.
Lester Davids
Analyst: Unum Capital
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