Argentina Bond

Argentina bond mutual funds and ETFs invest the majority of their assets... Argentina bond mutual funds and ETFs invest the majority of their assets in government and corporate debt of governments and corporations in Argentina. These funds can be actively or passively managed and may seek to track or outperform a particular benchmark. They may hedge foreign currency risk, or elect to leave themselves exposed to fluctuations in the Argentinian Peso. Depending on their mandate, an Argentinian bond mutual fund or ETF may focus on investment-grade bonds, high-yield (a.k.a. junk bonds), or a mix of credit quality. Government is the largest issuer of debt, by far, in Argentina, at 86% of GDP as of 2024. Investors purchase Argentina bond mutual funds and ETFs to get both capital growth and income. These funds can vary significantly in terms of risk. A fund that exclusively invests in short-term Argentinian government debt is likely to be more conservative than a fund that only invests in long-term debt issued by state-owned enterprises. That said, Argentina has had multiple debt crises in past decades, so even short-term government debt isn’t the safest of investments. Last Updated: 12/27/2024 View more View less

Argentina bond mutual funds and ETFs invest the majority of their assets in government and corporate debt of governments and corporations in Argentina. These funds can be actively or passively managed and may... Argentina bond mutual funds and ETFs invest the majority of their assets in government and corporate debt of governments and corporations in Argentina. These funds can be actively or passively managed and may seek to track or outperform a particular benchmark. They may hedge foreign currency risk, or elect to leave themselves exposed to fluctuations in the Argentinian Peso. Depending on their mandate, an Argentinian bond mutual fund or ETF may focus on investment-grade bonds, high-yield (a.k.a. junk bonds), or a mix of credit quality. Government is the largest issuer of debt, by far, in Argentina, at 86% of GDP as of 2024. Investors purchase Argentina bond mutual funds and ETFs to get both capital growth and income. These funds can vary significantly in terms of risk. A fund that exclusively invests in short-term Argentinian government debt is likely to be more conservative than a fund that only invests in long-term debt issued by state-owned enterprises. That said, Argentina has had multiple debt crises in past decades, so even short-term government debt isn’t the safest of investments. Last Updated: 12/27/2024 View more View less