An AAA Near-Miss for the New Zealand ETF
October 30, 2013 at 00:48 AM EDT
The $147.2 million iShares MSCI New Zealand Capped ETF (NYSEArca: ENZL), the lone ETF tracking the small developed market, has seemingly defied logic this year. Although the New Zealand dollar, colloquially known as the kiwi, has remained stubbornly strong to the point that some international...