To gain partial exposure to the Chilean peso, there is the WisdomTree Dreyfus Emerging Currency Fund (CEW). The Chilean peso begins each quarter with a 9% holding; the weighting fluctuates as the currency appreciates or depreciates. The iShares MSCI Chile Index Fund (ECH) is up about 6% over the past three months.

iShares MSCI Chile Index Fund


Tisha Guerrero contributed to this article.