Looking at the fundamental ratios, British small caps funds like EWUS are trading about at levels comparable with Colombia and Thailand and Mexico. Usually developed economies trade at a premium, but this isn't the case with with England. I know they have a lot of structural problems with their economy, but do you think the discount is warranted or too deep?
British Small Caps – that bad??
byu/Tiny-Pomegranate7662 ininvesting
Posted by Tiny-Pomegranate7662
2 Comments
Sounds about right. UK has too many problems.
Uncanny that Brexit was 10 years ago. Only realized that when I saw the price action has been sideways for that period.
Tbf the fund wasn’t around for that much longer.