Following Milei’s controversial and often brutal cuts to spending, Argentina is showing some signs of recovery.
MERV is the most important index of the Buenos Aires Stock Exchange and has taken off since 2023 and is up an impressive 138% YTD at time of writing.
There look to be a small number of specific companies with exposure to South America such as Lithias Americas Corp (LAC) available and I’m not sure if any emerging market ETFs give any exposure to Argentina. I would therefore like to see the MERV index or some ETF which at least covers South America added.