The fact that Chile is a major supplier of copper works for and against the country’s economy. While much of the economy and ETF have garnered gains during times of higher copper prices, any reduction or drop-off in demand of the metal is going to have an eimpact. The economy is very dependent upon copper so that any drop in price hurts the country and its banks.
iShares MSCI Chile Index Fund
Tisha Guerrero contributed to this article.