South Africa ETF’s Woes Can Continue
This article was originally published on ETFTrends.com.
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 [...]