An IOL report noted that “the inclusion of these 12 instruments is more than positive for the local financial market, as they allow investors to a greater number of alternatives to choose what to invest in to boost your savings.
However, he noted that “it is important to note that currently the equity market is going through a challenging landscape due to the start of a more restrictive monetary policy by the United States Federal Reserve”.
For his part, Juanes Roig, Banza executive, in dialogue with Bloomberg Line, pointed out that “from 2020 to 2021, the volume of operations of this asset class increased by 318%.” “From 2021 to 2022, the growth was 230%”, confirmed.
“Although the rate of growth of Cedears operations slows down this year, following the correction of global markets, the trend regarding the trading of Argentine shares continues. Today, more than twice as many Cedears are traded as local shares on the Stock Exchange”, considered Juanes Roig.
In this sense, he evaluated that the Cedears most chosen by Banza users are those of Apple, Mercado Libre, Tesla, Coca-Cola, Amazon and Nvidia. Regarding the performance of the new Cedears, since they debuted, he said that Nio (NIO), the manufacturer of electric vehicles from China (+5.6%), and that of Sea Limited (SE), a technology company from China, stood out. Singapore (5.3%)”.
Regarding the Cedears of ETFs (Exchange Traded Funds), the one that replicates the energy sector (XLE), had a return of 41.31% since its market launch on January 7 of this year. The MSCI Brazil ETF had a return of 17%”.
Cedears ETFs allow savers to have exposure to a wide range of liquid assetssuch as indices, raw materials, sectors of the economy or emerging markets, giving the possibility of diversifying risk to an investor with less knowledge and avoiding having to choose each company individually.
Source: Ambito
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