May 1, 2021
As the global vaccine deployment continues, one place to get international exposure is the first ETF to focus on Africa, the
AFK seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® GDP Africa Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund’s benchmark index.
The index includes local listings of companies that are incorporated in Africa and listings of companies incorporated outside of Africa but that have at least 50% of their revenues/related assets in Africa. AFK is up about 45% within the past year.
Africa s Recovering Economy Presents a Value-Added Option with AFK etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.