Where to invest in March 2025: the market alerts and the opportunities that experts reveal

With noise in international markets, and pressure on reserves, the official objective seeks to minimize additional pressures on the price of the dollar, aspiring to Anchor expectations of devaluation and inflation, waiting for the long -awaited announcement of a new agreement with the IMF.

Anyway, beyond the fact that market players seem to give credit to the government for this strategy, a greater need for certainties on the course that economic policy will take in the medium term, They warn from GMA Capital. The questions that emerge continue to revolve around the according to the IMF and the new exchange scheme to adopt, without avoiding the growing demand for dollars that usually emerge in the months prior to an electoral contest (legislative in October).

Indeed, with a start of the year more volatile than anticipated, After a brilliant 2024 for Argentine assets, investors seek Clear signals to readjust your wallets in March. Will corrections continue or is it time to take advantage of attractive prices? To cotinuation, The keys looking at the experts of the City and the opportunities that emerge in the market for various types of investor profiles.

What to invest in March 2025: OPPORTUNITIES FOR CONSERVATORS PROFILES

For conservative investors seeking security and predictability, Guido Nigrafinancial advisor in Balanz, stands out to private fixed income, which offers “An alternative with less volatility and returns in dollars of up to 8% annual.” Among the most attractive options, Nigra mentions corporate bonds of YPF, Pampa, Telecom and Pan American Energy, that allow diversifying according to the capital available.

For those who prefer to delegate management, Nigra recommends the Balanz Fund Strategy III LATAMwhich provides regional exposure with a estimated 6%. This fund invests in corporate and sovereign bonds from Mercosur + Chile countries, including Argentina, and is ideal to diversify throughout the LATAM region. Another alternative is the Balanz background savings in dollarswhich invests in Argentine private debt in key sectors such as Oil & gas and energy. For a defensive-conservative portfolio, The Balanz expert recommends an 80% allocation for fixed income and 20% for variable income (Cedears), including corporate bonds, the Balanz Fund Strategy III and the Cedears Quanti pack.

Meanwhile, Alex Mateo Zarate, Financial Advisor FCI of IEB GroupPoints to This medium That in the current context of uncertainty, the placements in pesos with greater “duration” come from losing some attraction in February, it is that investors expect the opportunity to reinvest the maturities of the LECAP short at rates not less than 2.5% TEM. In fact, during the past week, “the fixed rate curve continued to correct the June 2025 section, causing Rescue in fixed income funds in pesos, both in Lecaps and Cer, “he describes.

In this context, Zarate emphasizes that Fixed income funds in dollars registered positive net income, In particular, the short -term, corporate and global, including Argentina. “This movement responds, in part, to the use of the decline in the exchange level of 0.8 to 0.2, which promoted the rise in cable dollars,” explains the IEB group expert.

Facing March, consider that The flow in the funds in dollars “will continue to grow”, and highlights the FCI of the group: IEB short term (Money Market), IEB Fixed Income Dollar II (T+1), and in strategic IEB (Dollar MEP). With regard to the FCI in pesos, the “IEB Multiertegia” (CER) “Taking into account the current levels of IRR (internal return rate) of the FCI, today at 10.88% (that is, inflation plus 10.88%), with a` duration´ a little longer, and with the expectation of capturing a long -term accrual and compression. ” Regarding transactionality, he believes that there is value in the background “IEB Multistrategia V” (Lecaps), that today accrues IRR levels of 32% per year, with the advantage that it is an T+0 fund, that is, it can be rescued on the same day, and also “Pay a superior prize to the Money Market.”

For its part, Lisandro Meroi, Research Analyst of TSA Bursatile, suggests for conservative profiles a combination of Negotiable obligations (ON) in dollars and assets in pesos. According to Meroi, positioning should focus on a combination of Ons ´Hard Dollar´ and instruments in local currency, such as May and August 2025 Lecaps, complemented by Dual bonds Recently issued, which offer yields similar to boncaps and allow adjustments based on the Tamar rate (fixed deadlines greater than $ 1 billion). In addition, it highlights the possibility of incorporating Bonce, especially in him Section 2026-2027, with real rates close to +8%.

In turn, Gastón Lentini, creator of “Doctor of Your Finance” and Independent Financial Advisor Analyze the subsoberan fixed income market, highlighting provinces titles such as Mendoza (PM29D) and Neuquén (NDT25), that offer fiscal stability and good support in their income, being attractive options for conservative investors. He PM29D It is a foreign law that expires in March 2029, pays coupons in a semiannual way in March and September, and also pays amortization. “The current performance is around 8.8% annually, which seems to us an interesting rate and is in tune with the risk of the issuer,” says Lentini.

Meanwhile, Neuquén’s NDT25 is another interesting option that allows us to diversify if we have enough ONS, adds the financial advisor. The bonus pays a 8.4% annual, expires in 2030 and pays semiannual coupons in April and October. In addition, like the previous bonus already pays amortizations. “These bonds can be diversified by mixing them in the portfolio with Bopreal and Ons “, Underline.

From Coconuts, Likewise, the Fci coconuts savings in dollars, with an estimated 6.25% annual yield. This fund has grown significantly since its launch almost a year ago, positioning itself as one of the largest in the industry in its kind, with a net worth greater than US $ 162 million. Among its advantages, “it offers the best performance adjusted by industry risk, with zero negative days since its creation and very little volatility. It invests in the best companies in the country and allows 24/7 subscription and rescue, in addition to making payments in dollars directly from the bottom without giving up performance,” they express from coconuts.

What to invest in March 2025: Alternatives for bold investors

For the riskiest profiles in search of higher yields, BOPREALES They offer an attractive alternative within public debt, with returns to 10% per year and expiration within the current mandate, reducing uncertainty, says the Balanz advisor.

In an aggressive portfolio, the weighting for variable income could be increased from 20% to 45%. In this case, the Equity Selection Fund, With actions of the S&P Merval index, and would be complemented with the Quant pack and the crypto pack, with an asset approach with high beta such as the Bitcoin (BTC), seeking to break its historical maximum of US $ 109,000.

According to the Research Analyst of TSA stock, “the correction that the sovereign bonds in dollars have been experiencing and the Merval allow to propose the incorporation of these assets in the portfolios.” In the case of Sovereign bonds, the middle/length stretch still shows potential for appreciation, especially in a convergence scenario towards curves of greater credit rating. With the Merval measured in dollars, retreating about 25% from the top of the year, Meroi suggests a balanced positioning in sectors such as energy, regulated and banks, which could offer attractive yields.

Finally, Lentini It emphasizes that for investors with a more aggressive profile, The bonds of Buenos Aires (BA37D and the BB37D) offer high yields, up to 15.8%, although with greater uncertainty associated with their debt and fiscal result. “These bonds can be an interesting option for those willing to assume more risk in search of greater returns, “he analyzes.