EWN closed on Friday at almost $43! Big names such as ASML, ING, Heineken and Prosus were some of the drivers behind the fantastic rally. Investors in the fund made huge profits so far this year!

In late October EWN was trading for $36. By early December the shares had already reached $42.90 which is a massive $6.90 increase. In other words, people who invested in the fund just a month ago returned so far a staggering 19% profit! There were many positive factors in play, which made this rally possible. 

Strong demand from buyers, improving inflation levels, strong employment and pause in rate hikes all point in this direction. We have an idea about EWN next price swing. Please visit our Premium section to see our preferred direction. 

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