High-risk, high-reward countries for ETFs

Nigeria Global X ETF (NGE US)

Benefits: This ETF tanked 39 per cent this year – Nigeria's stocks collapsed in recent months as Africa's biggest oil exporter reeled from the drop in crude. Even though its currency has been sent spiralling, the country is Africa's largest economy and most populous country. Nigerian stocks now trade at a price-to-earnings ratio of 8. Watch out for: The state is battling the Islamist group Boko Haram, and corruption levels are among the highest in the world.

Greece Global X ETF (GREK US)

Benefits: This ETF, the only one dedicated to Greek stocks, tumbled 39 per cent this year. Greece's debt woes continue to weigh on its economy, with concerns about political stability hurting investor sentiment despite €240m in bailouts. Greek stocks trade at a price to earnings ratio of 11.7. Watch out for: The leftist party winning in elections if the incumbent prime minister, Antonis Samaras, fails to get support for his choice of president.

Russia Market Vectors ETF (RSX US)

Benefits: This exchange-traded fund dropped 40 per cent this year, making it among the cheapest single-country ETFs around by price-to-earnings ratio of about 4.5 per cent. This is the most heavily traded Russian ETF, and it includes stocks such as the state energy giant Gazprom and the country's biggest retailer, Magnit. Watch out for: A continued drop in oil prices, more sanctions and a further deterioration in the country's currency and economy.

Key facilities

Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
Premier League-standard football pitch
400m Olympic running track
NBA-spec basketball court with auditorium
600-seat auditorium
Spaces for historical and cultural exploration
An elevated football field that doubles as a helipad
Specialist robotics and science laboratories
AR and VR-enabled learning centres
Disruption Lab and Research Centre for developing entrepreneurial skills

The specs

Engine: 2.4-litre 4-cylinder

Transmission: CVT auto

Power: 181bhp

Torque: 244Nm

Price: Dh122,900

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EA Sports FC 25

Developer: EA Vancouver, EA Romania
Publisher: EA Sports
Consoles: Nintendo Switch, PlayStation 4&5, Xbox One and Xbox Series X/S
Rating: 3.5/5

On racial profiling at airports

Razmig Bedirian: Author subject to three pat downs in one week

HA Hellyer: My airport experience shows racism is systemic

James Zogby: Racial profiling as ineffective as torture tactics

FIXTURES

All kick-off times 10.45pm UAE ( 4 GMT)

Tuesday
Mairobr v Liverpool
Spartak Moscow v Sevilla
Feyenoord v Shakhtar Donetsk
Manchester City v Napoli
Monaco v Besiktas
RB Leipzig v Porto
Apoel Nicosia v Borussia Dortmund
Real Madrid v Tottenham Hotspur

Wednesday
Benfica v Manchester United
CSKA Moscow v Basel
Bayern Munich v Celtic
Anderlecht v Paris Saint-Germain
Qarabag v Atletico Madrid
Chelsea v Roma
Barcelona v Olympiakos
Juventus v Sporting Lisbon

Generational responses to the pandemic

Devesh Mamtani from Century Financial believes the cash-hoarding tendency of each generation is influenced by what stage of the employment cycle they are in. He offers the following insights:

Baby boomers (those born before 1964): Owing to market uncertainty and the need to survive amid competition, many in this generation are looking for options to hoard more cash and increase their overall savings/investments towards risk-free assets.

Generation X (born between 1965 and 1980): Gen X is currently in its prime working years. With their personal and family finances taking a hit, Generation X is looking at multiple options, including taking out short-term loan facilities with competitive interest rates instead of dipping into their savings account.

Millennials (born between 1981 and 1996): This market situation is giving them a valuable lesson about investing early. Many millennials who had previously not saved or invested are looking to start doing so now.

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yallacompare profile

Date of launch: 2014

Founder: Jon Richards, founder and chief executive; Samer Chebab, co-founder and chief operating officer, and Jonathan Rawlings, co-founder and chief financial officer

Based: Media City, Dubai

Sector: Financial services

Size: 120 employees

Investors: 2014: $500,000 in a seed round led by Mulverhill Associates; 2015: $3m in Series A funding led by STC Ventures (managed by Iris Capital), Wamda and Dubai Silicon Oasis Authority; 2019: $8m in Series B funding with the same investors as Series A along with Precinct Partners, Saned and Argo Ventures (the VC arm of multinational insurer Argo Group)

A State of Passion

Directors: Carol Mansour and Muna Khalidi

Stars: Dr Ghassan Abu-Sittah

Rating: 4/5

Results

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