VanEck Africa Index ETF (AFK) — ()
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AFK: So Contrarian, It Just Might Work (New Buy Rating)
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Sentiment: Positive ()
AFK invests in a portfolio of stocks that do most of their business on the continent of Africa. It is the only US-traded ETF that can say that. South African …
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About VanEck Africa Index ETF AFK
The fund normallyinvests at least 80% of its total assets in securities that comprise the fund’s benchmark index. The index includes securities of African companies. African companies generally include 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.