Discussion in 'Trading' started by drukes1234, Aug 30, 2011.
I know there is no Greece ETF, what is the best proxy?
Lyxor ETF MSCI Greece (Frankfurt exchange)
Top Holdings in the Fund
National Bank of Greece 27.33% ( NYSE: NBG)
Coca-Cola Hellenic Bottling 19.97% (NYSE: CCH)
Alpha Bank 9.39%
Hellenic Telecom 8.62%
Bank of Cyprus 7.81%
Public Power Corp. 6.01%
EFG Eurobank Ergasias SA 5.29%
So you can get a pretty good exposure (about 47.3 %) with top two companies on NYSE.
Oh thanks. I guess I can just buy that ETF though?
I'll just buy NBG as a non-expiring call option -- assuming it has a very good chance of going to zero.
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