Benchmark Index: Market Vectors GDP Africa Index
Ticker Symbol: AFK
Approximate Number of Holdings: 115
Types of Companies Included: Some of the largest publicly traded companies in Africa.
Country Weightings: The countries with the most representation are South Africa, Egypt, and Nigeria. Offshore companies who generate the majority of their revenues in Africa also account for a significant percentage of the ETF.
Sector Weightings: The financial sector has the most exposure, accounting for nearly 40% of the ETF.
Related Links:
List of ETFs Focusing on Africa