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Stock impact report

IAF: AUD Bets Look Interesting, But Select Picks Better [Seeking Alpha]

Aberdeen Australia Equity Fund Inc (IAF) 
NASDAQ:AMEX Investor Relations: aberdeeniaf.com
Company Research Source: Seeking Alpha
Financial sector exposure benefits from robust Australian consumer sentiment and the potential for rising AUD rates, but risks of higher rates hitting the consumer exist elsewhere in IAF. We'd say EWA or targeted single-stock allocations over IAF, where EWA is lower cost and single picks are abundant with the right approach. Looking for a helping hand in the market? Members of The Value Lab get exclusive ideas and guidance to navigate any climate. Learn More » Nate Hovee/iStock Editorial via Getty Images The Abrdn Australia Equity Fund Inc ( IAF ) has a decent financial tilt, which works given the Australian monetary situation. The AUD is a decent spot to park cash with the dollar shunned, especially as rates This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own o Show less Read more
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