Nigeria and Financials are the Focus of Africa’s Newest ETF
AFK, Africa, Egypt, Equatorial Guinea, Financial, Frontier Market, International, Issuers, Morocco, Nigeria, Non-U.S., Sector ETFs, South Africa
South Africa has been considered the prominent way to invest in the African market; however, a new country has taken the top spot in the latest ETF. TheStreet.com has broken down the components of Market Vectors Africa Index ETF (AFK) and explains that Nigeria and Financials are weighted the heaviest for country and sector, respectively. [...]
