How can I invest in the South Africa market?

Question

My bad. I live in Canada.

Answer 1

Assuming you live in the U S, here is a list of the adrs you can buy.

http://www.adrbny.com/dr_country_profile.jsp?country=ZA

Heck there is even an index fund--EZA. Probably the easiest way to accomplish your goal.

Answer 2

Where do you live?

You can look at the ADRs as listed below (assuming you have a US brokerage acc't) but there is one in particular you should consider: Anglo American. It trades in both the US as AAUK and in the UK as AAL.

Anglo American is one of the world's biggest diversified miners and mining is basically the top industry in South Africa. In the days of apartheid it was nicknamed South Africa, Inc. because due to economic restrictions it couldnt invest outside of South Africa. So it basically had its hands in a lot of different businesses in South Africa and the company is integral to South Africa's economy.

Anglo American is the world's top platinum producer and has large stakes in gold, copper, iron ore, and lots of other metals. It also owns DeBeers so it is basically the diamond market as well.

No matter where you invest in South Africa remember that even if you dont invest in mining directly, as go commodities so goes South African stocks. They are very commodities dependent. Plus the rand is a somewhat volatile currency so you will take some reasonable currency risk with any investment in South Africa.

In all honesty, if you want to invest in South Africa, Anglo American is probably the best investment.

Answer 3

sure EZA a single country heavily dependant on the diamond trade....um not a good pick. You need to diversify. VEU and CWI are all worls ex-us ETF's and both of them have stakes in South America.