Q: I just noticed this ETF sold off hard on December 30,couldn’t find out why ,do you have any thoughts on this ETF would this be a good entry point or a red flag …Thanks and Happy New Year.
5i Research Answer:
XID paid a giant year-end distribution ($6.96), and the ex-dividend was December 30, which resulted in the price decline. We would see it as quite acceptable for investors seeking India exposure.