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.
An ETF that provides broad exposure to securities listed in the Middle East was launched today. The WidsdomTree Middle East Dividend Fund (GULF) provides exposure to 70 dividend-paying companies listed in Bahrain, Egypt, Jordan, Kuwait, Morocco, Oman, Qatar and the United Arab Emirates.
Frontier Markets ETFs are a recent innovation and only a few have been launched.