Russia ETFs Struggle as High Rates Crimp Growth

Exchange traded funds offering exposure to oil-rich Russia have not been immune to the struggles faced by the BRIC group this year. Year-to-date, the $1.3 billion Market Vectors Russia ETF (NYSEArca: RSX) and the $297.4 million iShares MSCI Russia Capped ETF (NYSEArca: ERUS) are both down about...