Claymore/BNY Mellon Frontier Markets (AMEX:FRN)
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Frontier economies? Those are considered one notch below emerging market economies. You might think that they are really risky; perhaps they might be, but this ETF is anything but.
The top 3 holdings: Chile = 33%, Colombia = 14%, Egypt = 13%, Argentina = 8%, hardly economic backwaters.
The one fly in the ointment: Financials are 33% of the holdings. If the PIIGS contagion spreads to S America, this ETF will be in for a world of hurt.
My thanks to the Fool article pointing out this stock to me. I had no idea: apparently, this ETF is really new.
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How else are you going to invest in these countries.
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frontier markets etf, I'll switch to a lower cost alternative when it becomes available.
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Claymore, they make smart funds!
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Frontier Markets.....the next emerging markets....I don't like the >2% expense, but it will have to do until Vanguard starts a Frontier Markets fund.
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Betting on opportunities in "frontier" markets.
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one word; Poland!
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