ETFs Receive $41 Billion Worth of Confidence from United States

ETFs Receive $41 Billion Worth of Confidence from United States (Bloomberg)

Investors who beat a path out of global equity markets in January have “flipped a U-turn,” putting more than $41 billion dollars back into international exchange-traded funds (ETFs) during the past four weeks. And according to Joseph Quinlan, the chief market strategist for Bank of America, “Dwindling outflows show investors regaining confidence that the global economy is going to grow.” For those investors looking for a good, safe way to play this growing confidence in the economy, you could do worse than the MSCI All-Country World Index (MXWD), which rallied 5.8 percent from the four-month low it reached on February 4, 2014. So, what do you think? Can you invest your trust (and your dollars) alongside a group that has a track record of completely reversing course in their investment philosophy? If so, it may be that MXWD is for you.