The Middle East includes Egypt and the majority of the Western Asia: Saudi Arabia, Turkey, Iran, Israel, Syria, Kuwait and United Arab Emirates. The Middle East countries range from being very poor to extremely wealthy. Investing in the Middle East has become popular in the recent years due to the extensive energy resources and rapidly growing population. Exchange-Traded Funds provide a convenient way for investors to gain exposure to the region. ETFs may focus on any specific country e.g. Egypt or Turkey. Investing in a single country involves more risk – less diversification. Many of the Middle East countries focus on the export of crude oil and oil-related products. Fluctuations in the prices of oil may impact economic growth and cause uncertainty of investments. Nevertheless, investing via Middle East ETFs might seem appropriate for long-term investors.
Egypt ETF is in the medium-term up 8% in 1 month and up 23% in 3 months. In the long-term down -75% below S&P in 13 years.
Qatar ETF is in the medium-term down -9% below S&P in 1 month. In the long-term up 17% in 1 year and down -34% below S&P in 7 years.
Turkey ETF is in the medium-term up 17% in 3 months and up 34% above S&P in 7 months. In the long-term down -42% below S&P in 2 years and down -85% below S&P in 12 years.
UAE ETF is in the medium-term down -13% in 8 months. In the long-term down -22% below S&P in 2 years and down -52% below S&P in 7 years.
|Symbol||Company Name||Price||Change||Total net assets||Total expense ratio|
|EGPT||Market Vectors Egypt Index ETF||26.42||0.69%|
|EIS||iShares MSCI Israel Capped Inv Mar ETF||46.38||0.17%||105.09 M||0.61%|
|ISRA||Market Vectors ETF Trust||27.03||0.07%|
|QAT||iShares MSCI Qatar Capped ETF||19.17||0.7%|
|TUR||Ishares Msci Turkey Inv Market Index Fd||32.23||-0.62%||633.65 M||0.61%|
|UAE||iShares MSCI UAE Capped ETF||16.9||1.75%|