Foreign investors seeking exposure to Egypt could use ETFs or ADRs

Foreign investors seeking exposure to the Egyptian market could invest in “ETFs that offer diversification through investment in a single US security,” Ridhi Khaitan writes for Frontera. While those looking for direct exposure can “consider ADRs of Egyptian companies.” The most popular ETF for US investors is the Market Vectors Egypt Index ETF with AUM of USD 57 mn, but Khaitan also mentions the WisdomTree Middle East Dividend Fund and the VanEck Vectors Africa Index ETF. ADRs available for investors include CIB, GB Auto, and Lecico.