ISHARES MSCI CHILE INVESTABLE MARKET INDEX FUND $40.22 (New York symbol ECH; buy or sell through brokers) is an ETF that aims to track the MSCI Chile Investable Market Index, which consists of stocks that mainly trade on the Santiago Stock Exchange.
The fund’s top holdings are S.A.C.I. Falabella (retail), 10.9%; Enersis SA (electricity), 9.9%; Empresas Copec SA (conglomerate), 7.6%; Empresa Nacional de Electricidad (electricity), 7.1%; Banco Santander Chile (banking), 5.0%; Empresas CMPC (pulp and paper), 4.9%; Cencosud SA (retailer), 4.6%; Banco de Chile, 4.5%; Colbun SA (utility), 4.1%; and LATAM Airlines, 3.9%.
The fund’s industry breakdown consists of Utilities, 28.6%; Financials, 18.0%; Consumer Discretionary, 12.9%; Materials, 11.0%; Consumer Staples, 9.3%; Energy, 8.0%; Industrials, 7.0%; Telecommunications, 2.3%; and Information Technology, 2.2%.
The iShares MSCI Chile Investable Market Index Fund was launched on November 12, 2007. It has a 0.62% expense ratio.
Chile is the world’s biggest copper producer and a major supplier to Asian markets. Its dependence on resources is something of a drawback to investment, particularly as Asian economies have slowed and copper prices have dropped.
The country’s long-term outlook remains sound, but we see the iShares MSCI Chile Investable Market Index Fund as a hold.
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The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
This privacy policy is applicable to all TSI Network Visitors, Clients, Employees, Suppliers, Web sites, Management, and all other interested parties. Any links to or from our site are not covered by this policy. We encourage you to read the privacy policies of every site that you visit.
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We do not collect or disclose personal information, except when it is provided to us voluntarily by the site/store visitor with their consent.
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We are continuously in the process of improving our sites and services. If any new features or policies require a change to this current policy, we will post a clear notice of this change on pages of our site where the privacy policy appears. The principle behind this privacy policy is to collect information with your knowledge and consent.
What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
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Changes to this Policy
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TSI Network may revise this Policy from time to time.
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