South Africa ETF Faces Sovereign Downgrade Risk
May 19, 2016 at 10:33 AM EDT
After struggling during the commodities the past two years, the iShares MSCI South Africa ETF (NYSEArca: EZA) is up a respectable 2.1% year-to-date thanks to resurgent precious metals prices. However, there are lingering concerns that Africa’s second-largest economy could be stung by a...