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Fast Money World - Australia

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If you’ve invested in Australia, your portfolio is likely making kangaroo leaps. The Aussie ETF, iShares MSCI Australia Index Fund (EWA), reached record highs, up almost 10% this month alone.

Eric Bolling says iShares MSCI Australia Index Fund (EWA) is made up of great companies, including banks, and exporters of grain. He says it does nothing but go up.

Tim Strazzini also likes the way EWA is balanced between raw materials and the financials and feels this is a great ETF to own.

Questions? Comments? fastmoney@cnbc.com

Trader disclosure:
On APR 9, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders. Bolling Owns (XOM), Gold, Silver Strazzini Owns (SNDK), (YHOO), (TIN)