Geoffrey Lordi

BRIC ETFs: Solid Enough for Your Portfolio?

Readers should also be aware of another Middle Eastern option, though it is not an etf. T.Rowe Price's Africa/Middle East mutual fund, which does not invest nearly as heavily in South Africa as does SPDR's GAF, gets investors - at just less than triple the fee of GAF (60bps) - honest exposure into UAE, Egypt, Qatar, and Oman. Some of us use this fund as a partial proxy on the frontier markets less their Asian representatives.