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How You Can Take Advantage Of Outperforming Japan ETFs

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By Aparna Narayanan, Investor’s Business Daily
08/03/2015 @ 6:52 PM ET

CMG Capital Management Group CEO Steve Blumenthal is quoted in today’s Investors.com story on Japan ETFs. An excerpt from the story:ibd_blue

Monetary easing and market-friendly reforms kindled Japan ETFs this year. But one wealth manager is sitting out Japan exchange traded funds’ top-notch performance in 2015.

“Our tactical relative-strength-based trading strategies have us long the U.S.,” says Steve Blumenthal, founder and CEO of CMG Capital Management Group. “We are not currently long Japan, emerging markets or developed markets.”

Still, Blumenthal, who owned WisdomTree Japan Hedged Equity (ARCA:DXJ) last year, suggests this ETF as a satellite holding for buy-and-hold investors — “at, say, 3% to 5% of the total portfolio.”

Stimulus measures continue to support Japanese stocks, he said. But they can also drive down the yen, so Blumenthal advised investors to “hedge the currency risk.”

Read the full story in Investor’s Business Daily: How You Can Take Advantage Of Outperforming Japan ETFs.