ETF Quote Details
|NAV (month end)||NA|
Zacks Premium Research for PMNA
|Zacks ETF Rank [?]||Hold 3|
|ETF Risk [?]||NA|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
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ETF Expense Ratio
|Dividend (Yield)||$0.27 (2.27%)|
The NASDAQ OMX Middle East North Africa Index seeks to provide direct exposure to liquid stocks of companies that have the majority of their assets or services residing in MENA frontier market countries, which include Egypt, Morocco, Oman, Lebanon, Jordan, Kuwait, Bahrain, Qatar and United Arab Emirates.
It is based on the NASDAQ OMX Middle East North Africa Index. It invests at least 90% of its assets in securities comprising the Index, ADRs & GDRs which provides direct exposure to liquid stocks of companies having majority of their assets or services residing in MENA frontier market countries including Egypt, Morocco, Oman, Lebanon, Jordan, Kuwait, Bahrain, Qatar & UAE.