Chile Equity

Chile equity mutual funds and ETFs own securities listed on Santiago Stock... Chile equity mutual funds and ETFs own securities listed on Santiago Stock Exchange The most well-known index is the IGPA which is a market capitalization-weighted index comprising the 53 largest stocks on the market. Chile equity mutual funds and ETFs tend to have large weightings in financials, utilities, and industrials. Some of the largest companies include Sociedad Química Y Minera de Chile, Banco de Chile, and Enel Américas. These funds may be passively or actively managed. They may also leave currency exposure unhedged, or choose to protect the portfolio from swings in the value of the Peso. The Chilean economy, the world’s 45th largest by nominal Gross Domestic Product as of 2022, is characterized by high per capita incomes, trade liberalization, and a focus on market-based policies. Investment as a share of GDP was 27.3% as of 2022, higher than the long-term average of 24.6% going back to 1996. Copper accounts for over half of the country’s exports. As an emerging market economy, Chile equity mutual funds and ETFs are often purchased by more aggressive-minded investors. Last Updated: 12/20/2024 View more View less

Chile equity mutual funds and ETFs own securities listed on Santiago Stock Exchange The most well-known index is the IGPA which is a market capitalization-weighted index comprising the 53 largest stocks on the... Chile equity mutual funds and ETFs own securities listed on Santiago Stock Exchange The most well-known index is the IGPA which is a market capitalization-weighted index comprising the 53 largest stocks on the market. Chile equity mutual funds and ETFs tend to have large weightings in financials, utilities, and industrials. Some of the largest companies include Sociedad Química Y Minera de Chile, Banco de Chile, and Enel Américas. These funds may be passively or actively managed. They may also leave currency exposure unhedged, or choose to protect the portfolio from swings in the value of the Peso. The Chilean economy, the world’s 45th largest by nominal Gross Domestic Product as of 2022, is characterized by high per capita incomes, trade liberalization, and a focus on market-based policies. Investment as a share of GDP was 27.3% as of 2022, higher than the long-term average of 24.6% going back to 1996. Copper accounts for over half of the country’s exports. As an emerging market economy, Chile equity mutual funds and ETFs are often purchased by more aggressive-minded investors. Last Updated: 12/20/2024 View more View less