Thread: I fund

Euro Reaches Highest Level Against Dollar Since 2011


Dollar is also down vs. the yen and with the I-fund gaining nicely the currencies should make this a really nice day

Tokyo Stock Exchange is closed today, after the Nikkei being down 1.8% on Friday. If our markets close even or green on Monday, one might expect the Nikkei to bounce on Tuesday. So, logical thought might favor an advantage in the I fund on Tuesday. Of course, the I fund makes little to no sense to me, and since I'm already 100%S, I'm not going to waste an IFT. But for anyone on the sidelines looking to get in, this could be an opportunity.

Or not. LOL.

Originally Posted by Sensei

Tokyo Stock Exchange is closed today, after the Nikkei being down 1.8% on Friday. If our markets close even or green on Monday, one might expect the Nikkei to bounce on Tuesday. So, logical thought might favor an advantage in the I fund on Tuesday. Of course, the I fund makes little to no sense to me, and since I'm already 100%S, I'm not going to waste an IFT. But for anyone on the sidelines looking to get in, this could be an opportunity.

Or not. LOL.

Although the I fund has a good chunck of Japan it never seems to move the index much. At least in years past. It has been going up lately as the yen weakens which offset each other for us. The feel I get for the movement is the Ftse.

Originally Posted by clester

Although the I fund has a good chunck of Japan it never seems to move the index much. At least in years past. It has been going up lately as the yen weakens which offset each other for us. The feel I get for the movement is the Ftse.

As far as individual nations go, I believe Japan is represented most heavily in the I fund (a little over 20%, if my memory serves me). But the combo of France, UK, and Germany together certainly outweighs that. So, yeah, you're right. Nevertheless, the I fund was down .60% Monday, and the Nikkei just bounced back 1.94%. It will be interesting to see where the I fund goes on Tuesday.

Originally Posted by clester

Although the I fund has a good chunck of Japan it never seems to move the index much. At least in years past. It has been going up lately as the yen weakens which offset each other for us. The feel I get for the movement is the Ftse.

Originally Posted by Sensei

As far as individual nations go, I believe Japan is represented most heavily in the I fund (a little over 20%, if my memory serves me). But the combo of France, UK, and Germany together certainly outweighs that. So, yeah, you're right. Nevertheless, the I fund was down .60% Monday, and the Nikkei just bounced back 1.94%. It will be interesting to see where the I fund goes on Tuesday.

I too found it perplexing, I didn't see enough movement in the EFA/USD to justify -.60%

Capture.PNG

Thanks JTH. Great Britain, EU, and Japan are basically it. Those are the currencies you need to watch.

Originally Posted by clester

Thanks JTH. Great Britain, EU, and Japan are basically it. Those are the currencies you need to watch.

Top 10 Holdings (13.2% of Total Assets)

Company Symbol % Assets NESTLE SA CHAM ET VE NSRGF 1.96 HSBC Holdings PLC HBCYF.L 1.79 NOVARTIS AG BASL NVSEF 1.36 ROCHE HLDG AG DIV RT RHHVF 1.34 BP PLC BPAQF.L 1.22 Vodafone Group PLC VODPF.L 1.16 Royal Dutch Shell PLC Class A RYDAF.L 1.14 Toyota Motor Corp 7203 1.13 BHP Billiton Ltd BHPLF.AX 1.09 SANOFI SAN.PA 1.01

Originally Posted by clester

Top 10 Holdings (13.2% of Total Assets)

Company Symbol % Assets NESTLE SA CHAM ET VE NSRGF 1.96 HSBC Holdings PLC HBCYF.L 1.79 NOVARTIS AG BASL NVSEF 1.36 ROCHE HLDG AG DIV RT RHHVF 1.34 BP PLC BPAQF.L 1.22 Vodafone Group PLC VODPF.L 1.16 Royal Dutch Shell PLC Class A RYDAF.L 1.14 Toyota Motor Corp 7203 1.13 BHP Billiton Ltd BHPLF.AX 1.09 SANOFI SAN.PA 1.01

The Usd was strong vs GBP is prob why Efa was down that much.

Have you taken into account FV, or better yet (here comes a conspiracy theory) that Blackrock manipulates the I fund price based on how many folks are buying in or selling to maximize their profit on the price spread (bid to ask)???

Originally Posted by RealMoneyIssues

Have you taken into account FV, or better yet (here comes a conspiracy theory) that Blackrock manipulates the I fund price based on how many folks are buying in or selling to maximize their profit on the price spread (bid to ask)???

Manipulation? Surely not.

Originally Posted by clester

Although the I fund has a good chunck of Japan it never seems to move the index much. At least in years past. It has been going up lately as the yen weakens which offset each other for us. The feel I get for the movement is the Ftse.

I'm sorry I hate to repeat myself, but I will for the benefit of our newcomers, this fund is not for the inexperienced.