Macro Woes Could Hamper South Africa ETF
June 06, 2014 at 09:00 AM EDT
All things considered, the iShares MSCI South Africa ETF (NYSEArca: EZA) has a fine year with a gain of 9.4%. That is an impressive showing for EZA, which tracks a country rife with economic weakness and geopolitical weakness. Without the benefit of Thursday’s gain, EZA would be down in the month...