On the other side of the table are the Badlar Variable Rate Bondswhich accumulated a real return against inflation of -8.1% in pesos against inflation and Jackpots (Treasury Bonds)which ended August with a substantial red of -11.2%.
How to invest in S&P Merval
The Merval is the most representative stock index of the Argentine stock market and owes its name to the market itself, the Buenos Aires Stock Market (Merval). It reflects the behavior of the 24 most important companies in the country. In the last year, the most outstanding companies are Sociedad Comercial del Plata (COME), Transportadora Gas del Sur (TGSU), YPF SA (YPFD) and Central Puerto (CEPU).
The first requirement to operate the merval index is to have a Committed Account.
In order to buy or sell shares or other titles in the capital market, it is necessary to go to a trading and/or settlement agent, registered with the National Securities Commission (CNV), who will act as an intermediary.
Agents must have a membership in a market that is also registered, authorized and regulated by the CNV. On the other hand, agents offer their clients professional advice for their investment decisions.
How to invest in PF UVA
For those unfamiliar with more complex instruments, UVA Fixed Term is a great option, albeit limited in some cases.
For those who want and can access the instrument can follow these steps:
- In the first place, to constitute a UVA fixed term, as well as the traditional one, it is necessary have a bank account.
- Then, through electronic channels, either using ATMs or home banking from a computer or the bank’s mobile application, you must enter the investment section.
- There you must select the option to make fixed terms and then the type of instrument to which you want to subscribe, the amount to invest and the period of time. For its part, the bank must inform the details of the terms before the client considers the investment made.
- By constituting the fixed term, the amount invested is automatically converted to UVA, based on the price of the moment. At the end of the investment period, the figure in UVA, whose price was updated during that period, will be converted back to pesos and will be available in the bank account, plus the corresponding interest.
Source: Ambito
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