Summer Sale
50% off Premium Yearly
00days
00hrs
00mins
00secs
Opinions John DeGoey
iShares S&P Latin America 40 ETFXLA.TOBUYNov 04, 2013
John DeGoeyUnknown
$17.53
Stock price when the opinion was issued
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
You might be interested:
COMMENT
S&P Latin America 40 ETF. Caller is concerned with the disconnect between strong performances of Brazilian stocks and the decline in this ETF. A lot of this is because of currency changes in Brazil and the relationship of the Rial to the Cdn and US dollars. You also have Peru which just went from a pro-business government to and anti business government.
E.T.F.'s
20% consumer is not bad even if less than in North America. Latin America is a build-the-infrastructure type of story. It is also a growth story in terms of demographics and kids per age-bearing female. Brazil has the Olympics and the World Cup coming up.