A Cloudy Outlook for the South Africa ETF

Markets ETF Trends

Emerging markets stocks and exchange traded funds have been surging this year, outperforming U.S. stocks in significant fashion, but South African equities could fall further behind broader gauges of developing world equities. The iShares MSCI South Africa ETF (NYSEArca: EZA), the largest ETF dedicated to stocks in Africa’s second-largest economy, slumped 3.1% over the past…Click to read more at ETFtrends.com.

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