Philippine large caps have been in decline for over a decade now. Fundamentals offer little evidence of a change in fortunes. Pending a meaningful shift in the investment case, I’d remain sidelined.

iShares MSCI Philippines ETF (EPHE) - $0.4795. Payable June 18; for shareholders of record June 15; ex-div June 15.

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The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to ...