The Colombia ETF’s Secret Sauce
August 12, 2010 at 10:24 AM EDT
Over the past few weeks, many emerging and developed markets have trended sideways or even fallen as continued concerns over global growth have plagued stocks around the world. Almost no geographic region has been immune to this doom and gloom, with markets falling everywhere from Britain to Brazil and every country in between. As more and more economies seem perilously close to sinking into a double dip recession, investors are frantically seeking out those that have managed to sidestep the recent chaos, heading higher even as the rest of the world retreats in the face of stiff economic headwinds. One such market lies in South America, but it isn’t the continent’s powerhouse (Brazil) or the resource rich nations of Peru or Chile. Among the best single-country ETF performers year-to-date is the only fund offering exposure to the Colombian equity market: the Global X/InterBolsa FTSE Colombia 20 ETF (GXG). Although the country [...] Click here to read the original article on ETFdb.com. Related Stories: Colombia ETF Bucks The Trend Colombia ETF: Promise and Peril iShares Plance ETF Listings In Chile, Peru, and Colombia