- very low valuations (P/E about 5, P/B 1,2)
- less dependent on oil, gas, financials than most Russian ETFs
- potential high growth of small cap companies
- a hated market that is showing hints of growth
- the rouble is cheap as heck, a big plus for US or EU based investors
THE RISKS: political risks such as possible sanctions from EU etc., oil prices, possible wars, crises
Please share your thoughts about this potential investment! I'm especially interested in bear opinions, I just can't seem to find too many at these valuations.
Disclaimer: I'm a raging bull on Russia, have about 5% of my portfolio in Russia and about to maybe double it.
e: formatting
Submitted July 18, 2017 at 09:20AM by abrahamlincoln20 http://ift.tt/2uvbGlu
