What to invest in August: The recommendations of experts for a volatile and pre -electoral context

In the middle of a context of a certain exchange volatility and political uncertainty for the legislative elections, the City experts have already begun to reorder investment portfolios of its customers for the month of August. With that focus, they make their recommendations.

Exchange coverage

The market thesis is that, after months of stability, The exchange rate will begin to rise and will move away from the $ 1,300 for get closer and more to the upper band of the scheme raised, which today is around $ 1,440.

“In the midst of an era of the year where due to the seasonality of the agricultural sector there is less arrival of foreign exchange in Argentina, the last months of 2025 could have some volatility in the exchange rate. I consider that without such flow of dollars in the economy and before an imminent electoral scenario, dollarization as a form of portfolio coverage will be highly probable,” said the economist and financial advisor Adrián Moreno.

According to the Executive, those who do not need to have their capital for some months should leave the strategies in pesos for migrate to dollarssuch as sovereign bonds, which pay about 12% per year, or corporate bonds, which offer returns of between 7% and 8%.

Very short -term investments

However, investors who do need to manage their liquidity with very short time horizon must Continue in local currency taking advantage of interest rates.

For the financial advisor Germán Marinamong the best alternatives, the LECAP S12S5which provides a real positive rate (44% annual nominal rate), and the CER TX26 bonus. “While inflation is in the controlled short term, the real 13% rate provided by these assets becomes appetizing. If they compress rate, you can leave in a short time capturing significant performance,” said the specialist with respect to the title linked to inflation.

Then, he pointed out that the Dual Bonus TTS26which is an “interesting instrument.” “It generates a 2.7% monthly effective rate in its fixed part and a rise in the variable rate (Tamar) can give you even better performance,” he said.

Betting on variable income

Meanwhile, the riskiest investors With a long -term vision they can already include in their portfolios local actions and/or yield.

According to analysts of IOLan interesting bet is the Yield from Ishares MSCI Emerging Market (EEM)a background quoted in the stock exchange (ETF) that follows the evolution of a basket of emerging market companies from all over the world.

“The main argument for Maintain exposure to emerging It lies in the need to diversify the global concentration in technology, especially considering that innovation in Asia advances at a dizzying pace and cannot be ruled out similar episodes to the Deepseek Mondays, ”they said.

And they added: “The ETF EEM is particularly attractive for its composition, with strong exposure to the Asian technological sector, through leading companies such as Taiwan Semiconductor, Tencent and Samsung, among others.”

For its part, from IEB Group They reiterated their recommendation to trust the Argentine Energy Companies Give the potential of Vaca Muerta. For this reason, they named papers such as Vista Energy (VIST), Pampa Energía (Pamp), YPF (YPFD) and Gas Transporter del Sur (TGS).

“We continue to insist on the attractiveness of the Oil & Gas sector, which allows us to adopt a defensive position on the uncertainty of the current context, and it is also a sector that has high expectations of growth in the medium and long term,” they concluded.