Middle East Equity

Middle East equity mutual funds and ETFs own securities listed on the... Middle East equity mutual funds and ETFs own securities listed on the stock exchanges of Middle Eastern countries. These include the nations of Saudi Arabia, Turkey, Israel, Kuwait, Oman, and Qatar, among others. The most well-known benchmarks are the Tawadul (Saudi Arabia), and the TA-125 (Israel). Middle Eastern exchanges have large weightings in energy, construction, and technology companies. Some of the biggest companies on the market include Saudi Aramco, Emirates Telecom, and Check Point Software. Middle East equity mutual funds and ETFs may be passively or actively managed. They may also leave currency exposure unhedged, or choose to protect the portfolio from swings in the value of the various currencies in the region. The Middle Eastern economy, which includes 17 nations, is notably rich in energy resources, and sported a combined GDP of over US$6 trillion in 2022. Other than Israel, Middle Eastern countries are all considered emerging markets. This, coupled with persistent geopolitical risks in the region, means that Middle East Equity mutual funds and ETFs are only appropriate for more aggressive investors. Last Updated: 11/04/2024 View more View less

Middle East equity mutual funds and ETFs own securities listed on the stock exchanges of Middle Eastern countries. These include the nations of Saudi Arabia, Turkey, Israel, Kuwait, Oman, and Qatar, among others.... Middle East equity mutual funds and ETFs own securities listed on the stock exchanges of Middle Eastern countries. These include the nations of Saudi Arabia, Turkey, Israel, Kuwait, Oman, and Qatar, among others. The most well-known benchmarks are the Tawadul (Saudi Arabia), and the TA-125 (Israel). Middle Eastern exchanges have large weightings in energy, construction, and technology companies. Some of the biggest companies on the market include Saudi Aramco, Emirates Telecom, and Check Point Software. Middle East equity mutual funds and ETFs may be passively or actively managed. They may also leave currency exposure unhedged, or choose to protect the portfolio from swings in the value of the various currencies in the region. The Middle Eastern economy, which includes 17 nations, is notably rich in energy resources, and sported a combined GDP of over US$6 trillion in 2022. Other than Israel, Middle Eastern countries are all considered emerging markets. This, coupled with persistent geopolitical risks in the region, means that Middle East Equity mutual funds and ETFs are only appropriate for more aggressive investors. Last Updated: 11/04/2024 View more View less