CHICAGO (Reuters) – There is a growing consensus that U.S. stocks, as well as stocks around the world, are going to catch a tailwind going into 2014.
Expanding economies and continued central-bank stimulus are the bellows behind this expected growth. If you do not have international stock exposure, now is the time to broaden your portfolio with these three exchange-traded funds (ETFs).
One of the best vehicles to grab growth around the world is a global stock ETF. The Vanguard Total World Stock Index ETF owns more than 5,000 stocks, but has its top holdings in mega-cap American companies like Apple Inc, Exxon Mobil Corp and Google Inc.
The Vanguard fund is up 22 percent for the year though December 6 and has beaten a world stock benchmark by about 2 percentage points over the past three and five years. The fund charges 0.19 percent for annual expenses.
If you do not want a portfolio dominated by U.S. blue chips, then consider the iShares MSCI Emerging Markets Index ETF. The fund invests in an index of companies in developing nations and holds stocks like Samsung Electronics Co Ltd, Taiwan Semiconductor Manufacturing Co and China Mobile Ltd.