Analysts expect Mexico’s economy to expand 3.42% in 2014 after 1.28% growth last year. Moody’s anticipates long-term growth to fall between 3% to 4%, compared to 2% to 3% before the reforms were enacted.
The iShares Mexico ETF tracks large-, mid- and small-cap Mexican stocks. Top sectors include consumer staples 21.8%, financials 19.2% and telecom services 18.3%. The fund’s top holding is telecom giant America Movil (NYSE: AMX) at 17.8% of the portfolio’s weight. [No Gusta on the Mexico ETF]
For more information on Mexico, visit our Mexico category.
Max Chen contributed to this article.