SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Paul Senior5/3/2010 9:12:35 PM
  Read Replies (1) of 78744
 
OT: Country funds/etfs/indexes (indices?): Decided I will diversify a bit more by broadening the country/region specific funds I am holding. I'll take a few starter shares of [t]AFK[/t],Market Vectors Africa Index ETF. Intending to buy more if the etf falls, and/or if price rises and I come to understand prospects better.

I don't see this one - AFK - mentioned elsewhere on SI. West Africa is or will undergo a great boom as China comes in with people and money to upgrade the area's infrastructure. In return for which, China gets to participate in the new large oil fields being found off-shore. (I hope off-shore oil drilling will not be curtailed.) There's no specific West Africa fund/etf play, and so this AFG becomes the best venue I see.
As a "frontier" play, I'll guess I will have to be a holder of AFK for at least several years before I know if a buy now will pay off.

Fwiw, I hold now:

FXI - China (an index for the larger Chinese companies. For the smaller/smallest companies, I hold them as individual stocks)
EWY - Korea (a way to hold Hyundai and LG)
BRF - Brazil (a way to hold smaller, locally-oriented companies. For the larger companies, I hold individual positions.)
PLND - Poland
AFK - Africa

Not a fund, but stretching a point: PRGAF.PK -- this thing holds several European stocks.

finance.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News