Peru

Peru mutual funds and ETFs invest in a wide range of asset... Peru mutual funds and ETFs invest in a wide range of asset classes in Peru. Depending on their mandate, these funds may invest in equities, fixed income, commodities, and alternatives. However, equities are the most common asset class. These funds cover a wide range of stocks across all sectors of the market as well as market caps and share classes. They can be indexed or actively managed. The Peruvian economy, the world’s 38th largest by nominal Gross Domestic Product as of 2019, is characterized by a focus on trade (especially China and the United States), a reliance on commodity exports for hard currency, and a significant role for manufacturing and agriculture. Investment as a share of GDP was 25.2% as of 2022, well above the long-run average of 21.4% going back to 1980. Copper, gold, and petroleum are key exports. As an emerging market economy, Peru based mutual funds and ETFs are often purchased by more aggressive-minded investors. Last Updated: 04/24/2024 View more View less

Peru mutual funds and ETFs invest in a wide range of asset classes in Peru. Depending on their mandate, these funds may invest in equities, fixed income, commodities, and alternatives. However, equities are... Peru mutual funds and ETFs invest in a wide range of asset classes in Peru. Depending on their mandate, these funds may invest in equities, fixed income, commodities, and alternatives. However, equities are the most common asset class. These funds cover a wide range of stocks across all sectors of the market as well as market caps and share classes. They can be indexed or actively managed. The Peruvian economy, the world’s 38th largest by nominal Gross Domestic Product as of 2019, is characterized by a focus on trade (especially China and the United States), a reliance on commodity exports for hard currency, and a significant role for manufacturing and agriculture. Investment as a share of GDP was 25.2% as of 2022, well above the long-run average of 21.4% going back to 1980. Copper, gold, and petroleum are key exports. As an emerging market economy, Peru based mutual funds and ETFs are often purchased by more aggressive-minded investors. Last Updated: 04/24/2024 View more View less