Weekly Feature | Nasdaq Dorsey Wright

With no changes to any of the iShares models this week, we look at the iShares MSCI Finland ETF (EFNL).

There are no changes to any of the iShares models this week. While domestic equities remain at the top of the DALI asset class rankings, international equities have largely outpaced US equities this year. Year-to-date (through 11/26), the iShares MSCI EAFE ETF (EFA) and iShares MSCI Emerging Markets ETF (EEM) are up 25.47% and 29.70% on a price return basis, respectively, while the S&P 500 (SPX) is up a little under 16%. Investors looking for opportunities to add international exposure should keep an eye on the iShares MSCI Finland ETF (EFNL). After forming a double top at $46.50, EFNL broke a double bottom at $44.50 in last week’s trading, setting up a potential shakeout pattern on its chart. Those interested in adding exposure, can set an alert for a reversal into Xs on EFNL’s chart, which would be the action phase of the shakeout pattern; the pattern would be completed with a triple top break at $47.

EFNL currently has a near-perfect 5.89 fund score, which is 1.26 points better than the average for all non-US equity funds, and a positive 1.98 score direction. Prior to last week’s double bottom break, the fund had completed four consecutive buy signals. Year-to-date, EFNL has gained 40% on a price return basis; the fund also carries a 3.9% yield.

Back to report

DISCLOSURE

**Unless otherwise stated, the performance numbers herein are based on price returns and do not include dividends or all transaction costs. Past performance is not indicative of future results. Potential for profits is accompanied by possibility of loss. BlackRock sponsors the Dorsey Wright iShares ETF Models. However, analysis, models and recommendations are created and provided solely by Dorsey, Wright & Associates (Dorsey Wright). Neither BlackRock, BlackRock Advisors and its affiliates, nor SEI Investments Distribution Co. or its affiliates (SEI) are affiliated with Dorsey Wright. Neither BlackRock nor SEI provides investment advice or recommendations regarding any security, fund or market. Analysis, models and recommendations should not be considered an offer to purchase or sell, or a solicitation of an offer to buy or purchase any security, including iShares. The examples presented do not take into consideration commissions, tax implications, or other transactions costs. No individual risk management tools are used in maintaining this model. This model may not be suitable for all investors. As the investment professional making the final decision with respect to allocations, remember to adhere to NASD Rules 2090 and 2111 (formerly NYSE Rule 405, Know Your Customer). The percentage of the portfolio devoted to any iShares strategy, as well as final individual weightings are at the sole discretion of the financial advisor and not Dorsey, Wright & Associates, BlackRock or SEI Investments Distribution Co. or its affiliates (SEI) . If you are not familiar with the Point & Figure methodology, we suggest you read "Point & Figure Charting, 4th Edition" by Thomas J. Dorsey or visit the PnF University at www.dorseywright.com. If you are not familiar with the iShares products, or Exchange Traded Funds (ETFs), we suggest you visit www.ishares.com for more information.