Earlier this month, Third Point’s Dan Loeb said he believes Argentina will reach an agreement with its creditor and noted he is bullish on YPF. [Loeb Likes Argentina, Mexico]
Argentina has already set aside the cash for looming interest payments. Entering Wednesday, ARGT sported a six-month gain of 25.3%, better than double the returns offered by the comparable Mexico and Peru ETFs over the same period.
ARGT will transition to an index from MSCI next month.
Global X FTSE Argentina 20 ETF
