Peru Equity

Peru equity mutual funds and ETFs own securities listed on Lima Stock... Peru equity mutual funds and ETFs own securities listed on Lima Stock Exchange The most well-known index is the S&P/BVL Peru General Index which is a market capitalization-weighted index composed of the largest and most frequently-traded stocks on the market. Peru equity mutual funds and ETFs tend to have very large weightings in materials and consumer staples. Some of the largest companies include Southern Copper, Credicorp, and Buenaventura. 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 Peruvian sol. 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 equity mutual funds and ETFs are often purchased by more aggressive-minded investors. Last Updated: 12/20/2024 View more View less

Peru equity mutual funds and ETFs own securities listed on Lima Stock Exchange The most well-known index is the S&P/BVL Peru General Index which is a market capitalization-weighted index composed of the largest... Peru equity mutual funds and ETFs own securities listed on Lima Stock Exchange The most well-known index is the S&P/BVL Peru General Index which is a market capitalization-weighted index composed of the largest and most frequently-traded stocks on the market. Peru equity mutual funds and ETFs tend to have very large weightings in materials and consumer staples. Some of the largest companies include Southern Copper, Credicorp, and Buenaventura. 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 Peruvian sol. 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 equity mutual funds and ETFs are often purchased by more aggressive-minded investors. Last Updated: 12/20/2024 View more View less