Country Ranking Model - June 2022
Source: MSCI
June Country Rankings
Norway (#1): Norway ranks highly across the board, with 8th ranked fundamentals, 7th ranked momentum, 2nd ranked risk and 10th ranked valuations. As an oil and gas producer, Norway is benefiting from high energy prices. Norway supplies between 20 and 25 per cent of the EU and United Kingdom gas demand.
Brazil (#2): Brazil ranks 1st in both fundamentals and valuations. It also ranks third in momentum. Keeping the country out of top spot is its risk, in which it ranks last in our universe of 33 countries. Brazil exports a wide range of commodities, including ores and agriculture.
Chile (#3): Like Norway and Brazil, Chile is another beneficiary of high commodity prices. After suffering a difficult month in April, Chile’s momentum improved greatly in May. Chile is the top performing country in our universe year to date.
Country Performance
Data as of 5.31.2022
Source: MSCI
Country Ranking Model
Data as of 5.31.2022
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