We include in our watchlist the ETF SPDR KBE (S & P Bank US Index) with a fee of 0.35% and AUM of approximately $ 3 465M. The index is recovering after a short-term correction, which seems to be a good entry point.

We include in our watchlist the ETF Lyxor GRE (Greece Index) whose fees are 0.45% and the AUM of approximately 188M €. The index is turning upwards over the medium / long term horizon and is in the process of completing a short-term correction which appears to be a good entry point.

We include in our Watchlist the ETF iShares IEO (US Oil & Gas Exploration & Production Index) with fees of 0.44% and AUM of approximately $ 387M. The index has been under strong pressure since the beginning of 2017 but seems about to complete its correction while oil prices recover from the height.

We include the Amundi GLUX  ETF (Luxury World Index) into our Active Euro portfolio, due to a favorable trend with the acceleration of Chinese consumption.

We exit the ETF FOO (Agro-food Europe) with defensive characteristics, while the market shows more appetite for risk.