New Zealand ETF’s Largest Holding Complains About Strong Kiwi
October 16, 2013 at 00:29 AM EDT
The iShares MSCI New Zealand Capped ETF (NYSEArca: ENZL), the lone ETF exclusively devoted to the export-driven country, has been something of a dichotomy. The fund has surged 46.4% since coming to market just over three years ago, a gain made all the more impressive when considering that for most...