Wicked Strong Won not Wrekcing This South Korea ETF
August 15, 2014 at 10:00 AM EDT
In an attempt to reverse a slowdown in growth, the Bank of Korea issued its first rate cut in over a year, lifting South Korea stocks and related exchange traded funds. The First Trust South Korea AlphaDEX Fund (NYSEArca: FKO) rose 2.1% Thursday while the iShares MSCI South Korea Capped ETF...