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View Full Version : Commodities, Natural Resources Keep Chile ETF On Fire



ETF Trends
04-22-2008, 12:41 PM
ETF Trends - Keeping a Grip on Exchange Traded Funds (ETFs)

http://www.etftrends.com/images/2008/04/21/3170754649.jpeg (http://etftrends.typepad.com/photos/uncategorized/2008/04/21/3170754649.jpeg) In these commodity-crazy times, Chile and its exchange traded fund (ETF) might be something to think about.
The iShares MSCI Chile (ECH (http://finance.yahoo.com/q?s=ech)) launched on Nov. 20, and it's been up 14.4% since then. Year-to-date, it's up 11.5%. Chile is a commodity-based country and it is a surplus country with far less moving parts than in the U.S., says Roger Nusbaum for Seeking Alpha (http://seekingalpha.com/article/73112-investing-in-chile-decoupling-sort-of). Chile, in particular, has copper to spare (http://www.etftrends.com/2008/01/chilean-etf.html). The metal is used in every major industry and growth in emerging markets is fueling demand for it.
Another perk about the Chilean economy is that the social security is privatized, so the demand for Chilean equities is consistent. Chile's economy has an attractive position now as only 15% of its exports go to the United States, so the health of the U.S. economy isn't a significant factor.

http://www.etftrends.com/images/2008/04/22/ech.png (http://etftrends.typepad.com/photos/uncategorized/2008/04/22/ech.png)



complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/275537810/investing-in-ch.html)