While most investors remain focused on the seemingly never-ending debt drama in the eurozone or the sluggish U.S. economic recovery, few are paying attention to Mexico, which has actually turned out to be a bright spot in an otherwise gloomy economic environment. Brazil has long been the talk of the town when it comes to Latin American markets; however, Mexico is investors new favorite growth story as the country has demonstrated tremendous resilience while Brazil’s powerhouse economy has been losing its luster [see also LatAm-Centric ETFdb Portfolio]. Investor dollars have been undoubtedly supporting Mexican securities in lieu of Brazilian ones, or any other emerging market for that matter. From a year-to-date performance perspective, the iShares MSCI Mexico Index Fund (EWW) has returned upwards of 15%, while U.S. stocks, as represented by SPY, have returned close to 7%. Furthermore, emerging markets as represented by the MSCI Emerging Markets Index have inched higher by [...] Click here to read the original article on ETFdb.com. Related Posts: World Cup Of ETFs: Plays On All 32 Countries 101 ETF Lessons Every Financial Advisor Should Learn 25 Things Every Financial Advisor Should Know About ETFs For ETF Investors, Currency Exposure Matters (More Than You Might Think) Alternatives To The 20 Most Popular ETFs
While most investors remain focused on the seemingly never-ending debt drama in the eurozone or the sluggish U.S. economic recovery, few are paying attention to Mexico, which has actually turned out to be a bright spot in an otherwise gloomy economic environment. Brazil has long been the talk of the town when it comes to Latin American markets; however, Mexico is investors new favorite growth story as the country has demonstrated tremendous resilience while Brazil’s powerhouse economy has been losing its luster [see also LatAm-Centric ETFdb Portfolio]. Investor dollars have been undoubtedly supporting Mexican securities in lieu of Brazilian ones, or any other emerging market for that matter. From a year-to-date performance perspective, the iShares MSCI Mexico Index Fund (EWW) has returned upwards of 15%, while U.S. stocks, as represented by SPY, have returned close to 7%. Furthermore, emerging markets as represented by the MSCI Emerging Markets Index have inched higher by [...]
Click here to read the original article on ETFdb.com.
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