The Brazilian grant has begun to allow direct investment in Argentina verbs. The process is possible via ETF – a basket of assets that are negotiated on the bag. This is the first active focus specifically in Argentina that was launched in Brazil.
By investing in ETF, which contains ARGT36, the investor will be exposed to a series of Argentine companies that have shares on the Buenos Aires Stock or New York. ETF follows the MSCI All Argentina 25/50 index, which represents Argentine companies, and was launched by Global X, an American manager specializing in this financial asset.
Among them Free marketBanking group Gallisia saOil Company YPFThe Argentine branch in the Chilean retail dealer Cencosud And electricity Pamba energy.
Although it is new in Brazil, the ETF, which begins to negotiate in Sao Paulo, already has more than ten years of history and the collection of approximately one billion dollars under management.
ETF has rules to reduce corporate concentration: No procedure can exceed 25 % of the index weight, and the total of those who have more than 5 % 50 % can not exceed.
Last month, Mirfal index – The main reference for the Buenos Aires grant – a 9 % decrease has accumulated. In one year, however, there was a strong estimate of 65 %.
“The strong demand for ARGT allowed abroad 2024, ETF to meet the B3 program in B3. Brazilian investor can now reach this thesis more easily, take advantage of a moment of potential reflection in the Argentine economy and exposure to companies that can benefit from the faster opening in the market.”
