iShares Trust MSCI Peru Price, Forecast, Insider, Ratings, Fundamentals & Signals

The price of copper is rallying and helping mining stocks higher.

Copper prices are poised to surge by more than 75% in the next two years, primarily due to disruptions in mining supply chains and a growing demand for the metal, per a report by BMI, as quoted on CNBC.

Earlier this year, the Visual Capitalist published an infographic highlighting the global growth forecast from the International Monetary Fund (IMF) for various countries worldwide in 2023. If you use country ETFs for tactical asset allocation, I have no doubt you'd be interested in this information.

Peru, and thus iShares MSCI Peru ETF, may not outperform as well as it did in 2009 and 2010. The market still trades at a premium to Colombia and Brazil. Political risks could result in a pullback in the market, hurting iShares MSCI Peru ETF.

The MSCI Latin America Index has performed better than the MSCI Emerging Market Index cumulatively over the past 5 and 7 years as well as over longer time periods, buoyed by its natural resource companies. The region is well placed to take advantage of the opportunities created by the renewable energy revolution with 54% of global lithium reserves concentrated there.

EPU is a concentrated Peruvian equity portfolio. The fund offers a high multi-year IRR potential.

Economies of Latin America and Caribbean have continued their strong post-pandemic rebound, but the winds are shifting as global financial conditions are tightening and commodity prices are reversing their upward trend, while inflationary pressures persist. The reopening of contact-intensive sectors, especially hospitality and travel, the unwinding of pandemic pent-up demand, and still favorable external financial conditions supported a solid expansion in the first half of the year, allowing services to catch up with manufacturing, and employment to reach pre-pandemic levels.

Wall Street witnessed its worst performance in Q1 in two years due to the Russia-Ukraine war, red-hot inflation and rising-rate worries after an upbeat 2021.

It is difficult to say if the Peruvian president Castillo will be influenced by the hardcore leftist PM or the more moderate FM. EPU's top two holdings that jointly account for almost half the portfolio remain particularly vulnerable under the current regulatory regime.

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