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An ETF That Takes You to the Frontier
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And you thought frontiers were only for the likes of Daniel Boone and Captain Kirk.
After what seems like eons, the first of what will be several (PowerShares and WisdomTree each have one in the hopper as well) frontier market ETFs has finally listed, making the space accessible to the average investor.
The Claymore/BNY Mellon Frontier Markets ETF(FRN Quote) listed on Thursday with ticker FRN.
Frontier markets, simply explained, are one or two steps behind emerging markets in terms of things like modernization, regulation and other standards of development. ...
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