ISHARES MSCI CHILE (ECH)
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BarChart rates 100% buy http://financialtides.blogspot.com
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This account tracks the performance of newly minted 4 star stocks - 3 star stocks that recently turned in to 4 star stocks.
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Okay, this is a little bit of a gamble, I confess. One of the few SA companies that has financial stability and direction.
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Don't know just like this one. lol
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Chile has an economic policy that is actually, well, rational.
I might quibble with whether Chicago School orthodoxy was the right program for Chile, but at least they stuck with a rational program.
The bottom line is Chile has an economic policy and is executing it and, for the purposes of this pick, I think Chilean equities will show strength as a result.
Whether folk and the nation is better off with these economic policies, is a wholly different question...
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It's Chile. Free trade & I think that their real whack-jobs are behind them for a spell. & they have too much mistrust of their neighbours to listen to the Fidel wannabes of the region.
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Economic freedom correlates with economic growth.
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With almost 16% of holdings in Copec, I am outperforming this one BIG TIME! Understand...Copec doesn't just sell gas in Chile, they are a very well diversified company...Arauco wood being one of its subsidiaries, as well interests in the fishing industry. Abastible is another one if its companies, which sells natural gas/propane.
Other companies that this ishares holds is LAN, Banco Santander, and other leaders in the markets in Chlie.
After being to Chile several times, and headed there permanently, I know that the economy will continue to prosper vs US unless something political happens (not likely). Great ETF!
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Chile economy is stunning; it is a commodity based and has low dependence on US. I believe this new ET will rock, definitely a good buy.

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