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Van Eck Global
Market Vectors Launches Africa Index ETF
July 28th, 2008
New York-based asset manager Van Eck Global today launched Market Vectors-Africa Index ETF (NYSE: AFK) on the NYSE Arca (R) (NYSE Arca:AFK). The Market Vectors-Africa Index ETF allows convenient access to a fast-growing, relatively untapped market that is becoming increasingly sought by investors looking beyond existing international investment opportunities.
AFK seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Dow Jones Africa Titans 50 Index(SM) (ticker: DJAFK/DJAFKT). The index is calculated and maintained by Dow Jones Indexes, a leading full-service index provider. The Dow Jones Africa Titans 50 Index is a...
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Source: Investment Weekly News (2008-07-28)