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VanEck Africa Index ETF T.EINC


Primary Symbol: AFK

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS GDP Africa Index. The fund normally invests at least 80% of its total assets in securities that comprise the funds benchmark index. The index includes local listings of companies that are incorporated in Africa and listings of companies incorporated outside of Africa but that have at least 50% of their revenues/related assets in Africa.


ARCA:AFK - Post by User

VanEck Africa Index ETF > EINC
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Comment by argon12on Nov 25, 2021 3:01pm
142 Views
Post# 34166172

RE:RE:EINC

RE:RE:EINC

Intercap Owning 2/3rds is hugely positive.

I forget about the 30 day grace period after the ipo.

That all tells me to buy this before all price targets and news comes out.

Their platform and goal to own more and more market share will drive this higher. This is a great business. 

I wouldn't be surprised to see Addesa auction house owned by Goldman Sachs take a run at EINC and buying them  out.

 Buy and Hold is my mantra on EINC. This should pop to recent high of $$23.00 once analyst coverage and news flow comes out.

 

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