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ESP: How Global are the S&P series of Indices?
Frequently, I am asked about the advantages/disadvantage of investing outside of a person’s home or tax base market. My first question is always, “Do you own any index securities”? The answer is usually, yes. When index securities are used in a portfolio the investor is most likely already a global investor. The next decision is how much of an allocation do you wish to direct to outside markets?
