Seems like everybody is getting on the Frontier Market bandwagon. Back on July 17th Wisdom Tree launched the Middle East ETF (GULF).Â
Index Description:
The WisdomTree Middle East Dividend Index is a fundamentally weighted index that measures the performance of companies in the Middle East region that pay regular cash dividends on shares of their common stock and that meet specified requirements as of the index measurement date. Companies are ranked by market capitalization, and the 100 largest companies by market capitalization are selected for inclusion. Companies are weighted in the Index based on dividends paid in the annual cycle prior to the index measurement date. Country weights are capped so that no country’s weight in the Index exceeds 33% at the annual measurement date.