The iShares MSCI All Peru Capped Index Fund (NYSEArca: EPU) has bounced somewhat after its steep decline, but still appears caught in a downtrend. [Peru ETF Volatile After Elections]

“In the next few weeks, it will be interesting to see how politics will affect the performance of Peru’s markets,” writes Don Dion at “Miners, which account for a large percentage of EPU’s index, could take a hit in the event that the newly elected president attempts to raise taxes.”

iShares MSCI All Peru

    Max Chen contributed to this article.