The WisdomTree
Middle East Dividend Fund (GULF),
an exchange-traded fund (EFT) that includes dividend-paying stocks
from eight Middle Eastern countries (Bahrain, Egypt, Jordan, Kuwait,
Morocco, Oman, Qatar and the United Arab Emirates), closed at $25.30
on July 23, 2008, its second day of trading.
Currently GULF's top sectors include cash reserves, banks, telecommunications,
diversified financials, capital goods and materials. The top five
country breakdown is Kuwait, United Arab Emirates, Qatar, Egypt
and Morocco.
As of July 23, 2008 the fund held 56 stocks and cash. The top 10
holdings are Columbia Cash Reserves, Maroc
Telecom, Emirates
NBD, National
Bank of Kuwait, Arab
Bank, Dubai
Islamic Bank, Mobile
Telecommunications Company, Oman
Telecommunications Company, Qatar
National Bank and Kuwait
Finance House.
GULF has an expense ratio of 0.88 percent.
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Updated August 15, 2008.
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