Five Smaller Nations In The Developed World Look Promising Based On Fundamentals, iShares Says Hot

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Canada, Australia, Singapore, Switzerland and Hong Kong (CASSH) are worth a look by advisors and investors right now, according to Russ Koesterich, iShares’ global chief investment strategist.

Koesterich cites three reasons: The CASSH countries are currently far less burdened by debt and deficits than the major developed countries, their corporations compete effectively on a global scale, and they are expected to grow an average 3.5% this year, compared with 2.2% for the United States and 1% for Europe.

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