FRN tracks Chile 40.9%, Argentina 18.2%, Colombia 11.1%, Egypt 10.6%, Nigeria 5.5%, Peru 4.3%, Kazakhstan 4.2%, Lebanon 2.7%, Romania 1.5% and Georgia 0.5%.
Alternatively, investors can pick and choose some markets with country-specific ETFs. For example, some of the larger frontier market ETFs include the iShares MSCI Chile Capped ETF (NYSEArca: ECH), Global X MSCI Argentina ETF (NYSEArca: ARGT), Market Vectors Egypt Index ETF (NYSEArca: EGPT) and Market Vectors Colombia ETF (NYSEArca: COLX).
The Global X Nigeria Index ETF (NYSEArca: NGE) has increased 16.4% over the past three months, reflecting one of the best recent performing markets after the bounce in oil prices supported the energy exporter.
Additionally, retail investors can now access the Pakistani markets through the recently launched Global X MSCI Pakistan ETF (NYSEArca: PAK). [Investing in Pakistan? There’s an ETF for That]
For more information on frontier economies, visit our frontier markets category.
Max Chen contributed to this article.