Eric Peterson

International ETF Update: Israel, Russia, Turkey

RNE is a closed-end fund, not an ETF, but yes, it should be mentioned along with Templeton Russia Fund (TRF), another closed-end fund. RNE and TRF are more Russia-based than CEE, the only closed-end fund mentioned in the article.

CEE has a lot more than 27.7% in Russia. Its largest holding, Gazprom EDR, trades in the UK so it's not listed as Russia, but clearly it's Russia. Some other CEE unclassified holdings are Russia holdings. CEE is more like 50% Russia.