Oil’s Demise a Drain on Frontier Markets ETFs
December 01, 2014 at 11:30 AM EST
Although it is home to just two members of the Organization of Petroleum Exporting Countries (OPEC), the iShares MSCI Frontier 100 ETF (NYSEArca: FM) has not been immune to slumping oil prices. Over the past 90 days, the United States Brent Oil Fund (NYSEArca: BNO) and the United States Oil Fund...