iShares MSCI South Africa Index (EZA)

All Comments on EZA

  • commenter
    May 28 01:08 PM
    Single Country Middle East & Africa ETFs and Closed-End Funds [view article]
    On another note, the author says, "Many Middle Eastern economies are dominated by oil. For exposure to the Middle East, it may therefore make sense to consider the oil ETFs."

    Interestingly, while the PowerShares DB OIl ETF (DBO) has gained ~11.5% over the last month, TRAMX has traded at ~$14/share, or ~ 0% gain. So, an investment in oil is just that, it does not acurately correlate with Middle Eastern equities markets as the author suggests.
    Reply
  • commenter
    May 28 12:59 PM
    Single Country Middle East & Africa ETFs and Closed-End Funds [view article]
    Currently there is very disappointing ETF representation of Middle East & African countries in the ETF product line-up. I wouldn't waste my time making these products fit your portfolio when a vastly superior mutual fund already exists: T. Rowe Price Africa & Middle East Fund (TRAMX).

    TRAMX Country Exposure:
    U.A.E. (United Arab Emirates) 24.6%
    Egypt 17.9%
    Qatar 16.6%
    Oman 12.9%
    South Africa 10.8%
    Jordan 4.5%
    Bahrain 3.2%
    Lebanon 2.7%
    Nigeria 0.5%

    I've been in this fund since early Oct. '07 and have been pleased to see my position go from $11 to $14.....a 27% gain through the current downturn. Check and compare charts and you'll see that even the on-fire iShares Brazil ETF (EWZ) has a 22% gain over the same period

    This is a long-term prospect so I don't feel having the flexibility of an ETF was worth staying away from this investment. Until there exists a comparable line-up of Middle East ETFs, TRAMX is the way to go.
    Reply
  • commenter
    May 28 03:44 AM
    My Website
    Single Country Emerging Markets ETFs, ETNs and Closed-End Funds [view article]
    Update: We just added the new Northern Trust Israel ETF to the list, the NETS TA-25 Index Fund (TAV). Heather Bell writes about this ETF:

    "TAV, however, is not the first of its kind. The iShares complex already offers the competing iShares MSCI Israel Capped Investable Market Index Fund (NYSE Arca: EIS), which charges 0.68%. In a departure for the NETS family, TAV is actually more expensive than its corresponding iShares ETF: It charges 0.70%. EIS was only launched in late March, so it hasn't had time to gain much of a foothold - Northern Trust may be looking to compete with it more on the basis of the underlying index than on price."

    Her full article is here:
    seekingalpha.com/artic...
    Reply
  • commenter
    May 22 01:23 PM
    Global Stock Market Performance [view article]
    Singapore. Great place with great future. Extraordinarily diverse. Very high tech, including bio. A Western-friendly center of Asian business. Inflation is 1%. The current no-brainer in foreign markets. See EWS

    Malaysia. High Tech. Labor going to be less than China. Politically and socially very secure for foreign investment. Oil and food independent. 3% inflation. Similar future to Brazil, but better value right now. See EWM
    Reply
  • commenter
    May 19 05:04 PM
    My Website
    Single Country Emerging Markets ETFs, ETNs and Closed-End Funds [view article]
    Update: We just added in the new China ETF from Northern Trust. Reply
  • commenter
    May 19 10:09 AM
    2008 Country Returns [view article]
    How do I invest in the gainers? Reply
  • commenter
    May 19 03:24 AM
    2008 Country Returns [view article]
    YTD is rather short period. For example Slovenia and China have rallied last year, and some correction is in line with expectation. It would be interested to have 3 year comparisement. Reply
  • commenter
    May 19 02:28 AM
    My Website
    2008 Country Returns [view article]
    Thanks.

    Visually this is the equivalent of being smacked in the face. There is a new world out there a la Columbus when he found America. The rewards for the Intrepid Investor are in the Frontier markets.

    Aly-Khan Satchu
    rich.co.ke
    Reply
  • commenter
    May 18 10:25 PM
    My Website
    2008 Country Returns [view article]
    sweet graphic man, I'm def. gonna have to add it to my site! Reply
  • commenter
    May 18 02:26 PM
    2008 Country Returns [view article]
    is this in the respective domestic currency?
    or is it converted to a common usd standard?
    Reply
  • commenter
    May 18 01:45 PM
    My Website
    2008 Country Returns [view article]
    China, 3rd from end, down 30%. How fast the touted fall. Reply
  • commenter
    May 13 12:23 PM
    My Website
    Exchange-Traded Funds and Closed-End Funds by Asset Class, Type and Provider [view article]
    can you please update this list? thanks. Reply
  • commenter
    May 12 09:53 PM
    Currency, Precious Metal and Futures ETFs: Don't Get Caught in the Tax Trap [view article]
    The article states that the disadvantageous tax treatment of GLD and SLV relative to traditional investments can be "deferred" by placing them in a retirement account. But actually, wouldn't doing so ELIMINATE rather than DEFER this disadvantage? Aren't all retirement account withdrawals taxed the same (as ordinary income?) Reply
  • commenter
    May 12 10:52 AM
    My Website
    Currency, Precious Metal and Futures ETFs: Don't Get Caught in the Tax Trap [view article]
    I'd like to hear about the US tax implications of buying and selling CEF in the US. Reply
  • commenter
    May 11 08:35 AM
    Currency, Precious Metal and Futures ETFs: Don't Get Caught in the Tax Trap [view article]
    Purely a nitpick, but ETF are not mutual funds. From the SEC:

    "There are some investment companies, known as exchange-traded funds or ETFs, which are legally classified as open-end companies or UITs. ETFs differ from traditional open-end companies and UITs, because, pursuant to SEC exemptive orders, shares issued by ETFs trade on a secondary market and are only redeemable in very large blocks (blocks of 50,000 shares for example). ETFs are not considered to be, and are not permitted to call themselves, mutual funds."
    Reply