South Africa ETF’s Woes Can Continue

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Amid contracting economic growth and slumping commodities prices, the iShares MSCI South Africa ETF (NYSEArca: EZA) is slumping this year. Down more than 22% year-to-date, EZA is one of the worst-performing single-country exchange traded funds tracking a developing economy and some market observers believe it will take a while for markets there to bounce back [...]

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