ISHARES MSCI CHILE INVESTABLE MARKET INDEX FUND $62.32(New York Exchange symbol ECH; buy or sell through brokers) is an ETF that aims to track the MSCI Chile Investable Market Index. This index consists of stocks that are mainly traded on the Santiago Stock Exchange.
The fund’s top holdings are LAN Airlines SA (Chilean national airline), 9.4%; Empresas Copec SA (conglomerate), 8.5%; Quimica y Minera de Chile (mining), 8.2%; Empresa Nacional de Electricidad (electric power), 6.8%; Cencosud SA (retailer), 6.5%; Banco Santander Chile (banking), 6.1%; Enersis AS (electric power), 5.9%; Empresas CMPC (pulp and paper), 4.8%; S.A.C.I. Falabella (retail), 4.7%; and CAP SA (iron mining and steel), 4.1%.
The fund’s industry breakdown is as follows: Utilities, 23.7%; Industrials, 21.6%; Financials, 16.9%; Materials, 15.6%; Consumer Staples, 11.1%; Consumer Discretionary, 11.1%; Telecommunications, 3.3%; and Information Technology, 1.5%.
iShares MSCI Chile Investable Market Index Fund was launched on November 12, 2007. The ETF has an expense ratio of 0.59%.
Chile is the world’s biggest copper supplier. Asian countries are large consumers of Chilean copper. The country’s continuing dependence on resources is something of a drawback to investment in Chile. However, the long-term outlook for the country’s economy remains sound.
iShares MSCI Chile Investable Market Index Fund is a buy for aggressive investors.
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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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