Emerging Markets MENA Index

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	YTD
2018	4.97%	5.05%	0.28%	1.01%	-1.80%	-0.67%	-0.32%	-4.64%	-5.24%	-3.14%	1.06%	-0.30%	-4.23%
2019	1.92%	-1.26%	0.38%	2.64%	2.20%	0.44%	0.02%	-0.64%	1.41%	-0.78%	0.48%	1.48%	8.52%
2020	-1.54%	-3.47%	-12.14%	-1.46%	4.06%	2.71%	4.42%	2.33%	-0.50%	0.17%	3.35%	-0.44%	-3.62%
2021	-0.66%	5.75%	2.20%	2.88%	0.40%	2.92%	-1.22%	3.08%	-1.18%	2.51%	-5.94%	4.03%	15.23%
2022	2.21%	0.70%	2.11%	-1.26%	-3.64%	-0.08%	-1.95%	1.39%	0.07%	-1.48%^§	1.72%^†	-	-0.37%*

^†Estimated performance for November 2022 calculated with reported data from 3 funds.
^§Estimated performance for October 2022 calculated with reported data from 12 funds.
^*All estimates and 2022 YTD amounts are calculated with reported data as of December-8-2022 05:50 US CST.

About the Emerging Markets MENA Index

This strategy involves equity or fixed income investing in the Middle Eastern and North African markets. Because many emerging markets do not allow short selling, nor offer viable futures or other derivative products with which to hedge, emerging market investing often employs a long-only strategy.

The Barclay Emerging Markets MENA Index is recalculated and updated real-time on this page as soon as the monthly returns for the underlying funds are recorded. Only funds that provide us with net returns are included in the index calculation. The number of funds that are currently included in the calculations for the most recent months can be found in the footnotes above. Please note that the calculation for the number of funds is time-stamped and that the number of funds will continue to increase until all funds categorized within the sector have reported monthly returns.

About the Emerging Markets MENA Index

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