Discover the Hidden Gem in Emerging Markets

Discover the Hidden Gem in Emerging Markets


Safaricom PLC Kenya ($SCOM) is a leading telecommunications provider in Kenya and East Africa, with a strong market position and a diverse range of services including mobile, financial, and enterprise solutions. This makes it a compelling investment opportunity for those looking to gain exposure to the growth potential of the African market.

One indication of the interest in $SCOM as an investment opportunity can be seen in the allocation of major Emerging Markets international ETFs. The VanEck Africa Index ETF $AFRK, for example, has allocated 5.26% of its fund to $SCOM, while the iShares MSCI Frontier and Select EM ETF $FM has allocated 2.33% of its fund to $SCOM, and the Global X MSCI Next Emerging & Frontier ETF $EMFM has allocated 1.11% of its fund to $SCOM.

This allocation of funds by these ETFs suggests that they view $SCOM as a strong investment opportunity, and that they believe that it has the potential to provide strong returns to investors. Other ETFs that have invested in $SCOM include the SPDR S&P Emerging Markets Dividend ETF $EDIV, the SPDR S&P Emerging Markets Small Cap ETF $EWX, and the iShares MSCI Emerging Markets Small-Cap ETF $EEMS.

An investor may consider buying $SCOM due to its strong market position and diversified portfolio in Kenya and East Africa, and the fact that it is already being invested in by several major Emerging Markets international ETFs, indicating that it is seen as a strong investment opportunity with potential for growth.


Comments

Post a Comment

Popular posts from this blog

RECURRING DEPOSITS

Image
RECURRING DEPOSITS Saving money is hard, investing money is even harder. It's easy to keep a savings account with a small amount of money in it, but most people will want to build up their savings and probably invest thereafter and to do that you need to save regularly. The problem is that if you can only afford small amounts at a time, how do you get the most out of your savings to a point where you can make a decent investment? That's where recurring deposits come into play. Recurring Deposits can make a difference between not making an investment or making a small investment to investing in a way that can completely change your financial outlook. Every big goal starts with a small step; what you can afford, the furthest you can reach, the simplest thing you can do right now. You want to build yourself financially start with Small Regular Deposits and if you invest in something that gives you a decent annualized return your small deposits will grow into a huge financial
Read more
Image
  Unleashing the Power of Infrastructure Investments: A Secure Path to Financial Success   Imagine a scenario straight out of the iconic Monopoly game, where strategic investments in infrastructures lead to abundant wealth and financial prosperity. While the game may be fictional, the underlying principle holds true in the real world of investing. Owning infrastructure assets can be a remarkable stepping stone towards securing your financial future, offering a nearly guaranteed return on investment as long as the infrastructure remains essential. Infrastructure investments encompass a diverse range of sectors, including transportation, utilities, telecommunications, and more. These assets form the backbone of our modern society, driving economic growth, fostering connectivity, and ensuring the efficient functioning of vital services. By strategically directing your investments towards infrastructure, you can tap into a stable income stream and unlock the potential for long-term v
Read more

TRADE PLAN

Image
TRADE PLAN Preparing to place a trade At this point in your trading plan, it’s important to simultaneously think about why, how, where, and when you should enter and exit a trade. Evaluating both ends of the trade can help manage risk and maintain a disciplined trading strategy. Create a watch list for the stocks you’re interested in. That will make it easy to see news headlines, and dividends and earnings announcements at a glance. You can also set price alerts so you're proactively notified when a stock hits a target price you're interested in. Have an entry strategy An entry strategy is a plan for how you’ll get into a position. Good traders value efficiency. They’re constantly looking for ways to maximize returns and manage risk. Types of Entries 1️⃣Entries after a consolidation period After a consolidation period with clear Support and Resistance levels, this is where your entry should be when there's a breakout. 2️⃣Entries after a pullback from new highs. After achiev
Read more