The SPDR
S&P Emerging Middle East & Africa (GAF),
an exchange-traded fund (ETF),
is heavily weighted with stocks from South Africa (55.22%) and Israel
(22.8%). Other stocks come from Morocco, Egypt, Jordan and Nigeria.
GAF's top sectors include financials, materials and health care.
The top five holdings, as of August 5, 2008, are Teva
Pharmaceuticals, MTN
Group, Sasol,
Impala Platinum
(Implats) and Arab
Bank.
GAF has a 1.55 percent dividend yield as of August 5, 2008.
GAF charges an expense ratio of 0.60 percent.
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Updated August 15, 2008.
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