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Safe-haven ETFs in focus amid geopolitical threats

North Korea has been relatively silent for two months. Safe haven funds were out of investor radar. However, they are back in reckoning as the North Korean leader made claims of his regime completing its nuclear program.

Latest Developments in the Space

North Korea launched a Hwasong-15 missile with improved technology that can put the entire United States within range, per Korean Central News Agency (KCNA). Per United States Secretary of Defense James Mattis, this missile flew higher than any previous missile.

Despite widespread global criticism, North Korea has been continuously testing missiles to develop a nuclear program in order to safeguard itself from potential U.S. invasion, per North Korean leader Kim Jong-Un. North Korea seems to be anything but willing to scrap its nuclear program, as it broke its two-month-long period of silence by testing a missile that reached an altitude of more than 4,000 kilometers.

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