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Rating:Which Funds Can Tap Into Post-Mubarak Egypt? Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, February 14, 2011

Which Funds Can Tap Into Post-Mubarak Egypt?

News summary by MFWire's editors

Fundsters interested in the aftermath of the turmoil in Egypt may want to take a look at today's issue of the Wall Street Journal. Jonathan Burton cites a number of regular mutual funds and ETFs that invest in Egypt and thus have the most riding on how well the Egyptian markets do well now that Hosni Mubarak is out. (The Egyptian stock exchange re-opens on Wednesday.)

The WSJ cites several funds that could benefit, including: Harding Loevner's [see profile] Frontier Emerging Markets Portfolio, Market Vectors Africa [see profile], Market Vectors Egypt Index ETF, Market Vectors Gulf States Index ETF, the Nile Pan Africa Fund [see profile], PowerShares MENA Frontier Countries Portfolio [see profile], T. Rowe Price Africa & Middle East Fund [see profile], Templeton Frontier Markets Fund [see profile] and WisdomTree Middle East Dividend Fund [see profile].

JPMorgan Funds chief market strategist David Kelly, Bank of America Merrill Lynch global equity strategist Kate Moore, Nile Pan Africa Fund PM Larry Seruma, Russell Investments chief market strategist Stephen Wood and S&P Equity Research equity strategist Alec Young all weighed in for the article. 

Edited by: Neil Anderson, Managing Editor


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