The recent introduction of funds focused on the Middle East, North Africa and other developing economies has created a new category of Frontier Markets ETFs. The investment case is that the Frontier Market economies are where theEmerging Market economies were 20 years ago.
PowerShares MENA Frontier Countries Portfolio (PMNA) was launched today.
Frontier Markets ETFs are a recent innovation and only a few have been launched.
Claymore announced the launch of the Claymore/BNY Mellon Frontier Markets ETF (FRN). FRN is the first U.S. ETF that provides investors with access to up to 41 countries that are less developed than traditional emerging markets—often referred to as the “frontier markets.”