Exchange traded funds (ETFs) in the precious metals sector are on the rise.  Not surprisingly, iShares MCSI South Africa Index Fund (EZA) has been a top performer, reports Marie Beerens of Investor’s Business Daily. The fund has a 28% allocation in the materials sector, which includes platinum and gold mining firms in South Africa.  EZA is up 15% for the month.  Top holdings include Sasol, an energy company, Impala Platinum Holdings and Gold Fields.  The chart below illustrates the trading pattern of EZA versus gold.

Ezagold

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