The iShares MSCI Philippines ETF (NYSEARCA:EPHE) provides exposure to a broad range of companies located in the Philippines. The Philippines' population is spread across 7,000 islands in the Western Pacific, and its residents speak more than 80 languages and dialects. As a newly industrialized country, the Philippines has an economy transitioning from one based on agriculture to one based more on services and manufacturing.
The Philippines is one of the fastest-expanding countries in the world, with a GDP growth of 6.8% in 2016. The economic growth is expected to moderate slightly but remain relatively strong until at least until 2018, underpinned by a $160 billion-infrastructure plan aimed at creating jobs.