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jfsully
1 Comment
Investing in Africa: The World's Last Great Opportunity [view article]
Even thought the name and marketing concept on this ETF are nice, I think the composition of the index leaves a lot to be desired.It should be pointed out that the countries are:
Morroco - 6.25% (not sub saharan)
Egypt - 5.69% (not sub saharan)
Jordan - 2.86% (not sub saharan)
Israel - 18.77% (certainly not sub saharan)
South Africa - 65.69% !!!!! (subsaharan BUT why not invest in the SA ETF?)
Bermuda .72% (not since tectonic shifts has this been part of Africa)
This doesnt look like a broadbased play on developing sub saharan africa from a country standpoint? Where is Nigeria, Zamibia, Angola, Ethiopia, Kenya, Uganda, Botswana etc?
Just because the name is good doesnt mean the ETF is good. May 03 01:09 PM