At IOL we celebrate the inclusion of these 16 instruments as they allow investors a greater number of alternatives to choose what to invest in to boost their savings. The interesting thing about these 16 assets that will be included in the list of CEDEARs is that they expand the possibility of investing in some sectors or industries that have aroused interest in the investment community.
However, it is important to note that currently the The equity market is going through a challenging scenario due to the start of a more restrictive monetary policy by the US Federal Reserve.
This is why, before starting to take a position in these instruments, it would be ideal expect volatility to subside on Wall Street. In fact, for this to happen, we must wait until inflation in the US begins to show clear signs of slowing down, so that the Federal Reserve has the margin to have a less aggressive monetary policy.
Notwithstanding the foregoing, for long-term investors with aggressive investment profiles (they can tolerate price movements in the short term), it is worth starting to analyze this or other alternatives.
What are the most interesting Cedears?
Among the most attractive Cedears, we highlight Ford, an American company already consolidated globally and that offers us a new alternative to invest in the automobile industry from the local market. In recent times, the company has started to invest heavily in the electric vehicle industry, which also offers the possibility of having exposure in this sector.
On the other hand, it is also interesting the arrival of airbnb, the accommodation platform that has revolutionized the tourism industry. In recent years, the company’s stock performance has been significantly affected by restrictions related to the coronavirus pandemic. However, as the world continues in its process of returning to normality after the health crisis, this company could benefit from an eventual recovery of the sector.
Thirdly, we mention the Argentine company, Satellogic, which is dedicated to the manufacture of earth observation nanosatellites in the low orbit of the planet. At the beginning of the year, the company signed an agreement with SpaceX to put its satellites, which are designed in Argentina and built in Uruguay, into space. In fact, these were put into orbit on June 30.
A striking fact of the new batch of CEDEARs that are going to start trading is the arrival of more alternatives in the world of cryptocurrencies. In June, Coinbase had arrived, but now, it will also be possible to invest in two Canadian companies that are dedicated to mining cryptocurrencies, which are Hut 8 Mining Y Bitfarms. Although it is not currently the best time in the digital currency industry, it is a sector in which, until a few months ago, there were not many ways to invest in it through the local financial market.
Head of Research at IOL invested online
Source: Ambito
