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New Frontiers

An exchange-traded fund can help your money see the world.

This story appears in the October 2005 issue of Entrepreneur. Subscribe »

A benefit of exchange- traded funds is the opportunity they offer in markets not easily accessible to individual investors.

Consider iShares:Austria (EWO), the fund designed to track the Austrian market as represented by the MSCI Austria Index. Its performance record has been tops over the past several years, and it offers a chance to invest in a bundle of companies that can provide exposure to some of 's hottest emerging-market countries, such as the Czech Republic, Hungary, Poland and .

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