Opening Mexico’s energy industry to foreign investment could benefit EWW by boosting the country’s GDP. Capital Economics “thinks a successful reform though could add 0.3% to annual GDP growth over the next decade and eventually increase tax revenues by about 2% GDP, making it an over-performer in Latin America,” reports Shuli Ren for Barron’s.
According to Barron’s, Credit Suisse identified Grupo Carso and Grupo Mexico as possible beneficiaries of an open Mexican energy industry. Those stocks combine for 6.5% of EWW’s weight.
iShares MSCI Mexico Capped ETF
ETF Trends editorial team contributed to this post.