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Home » Morgan & Co ETF defies bears

Morgan & Co ETF defies bears

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OUT of the five exchange-traded funds (ETFs) on the Zimbabwe Stock Exchange (ZSE), Morgan & Co’s multi-sector fund is the only one still in positive real returns this year after the market’s recent bear-run.

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The country’s main bourse has lost about 35 percent since mid-June, amid tight Zim-dollar liquidity in the economy due to currency stabilising measures introduced by authorities.

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