A New Way for ETF Investors to Access Opportunities in Argentina

BlackRock iShares has expanded its line of country-specific exchange traded funds to help investors access Argentinian markets.

On Thursday, BlackRock rolled out the iShares MSCI Argentina and Global Exposure ETF (BATS: AGT). AGT has a 0.59% expense ratio.

“AGT is an exciting addition to iShares’ country ETF range, which is the broadest in the industry,” Martin Small, Head of U.S. iShares at BlackRock, said in a note. “With the inclusion of Argentina, investors seeking to build exposure in Latin America now have a key addition to their toolkit. iShares MSCI Argentina and Global Exposure ETF is an important extension of our unparalleled toolkit of 65 country funds.”

AGT Tries to reflect the performance of the MSCI All Argentina 25-50 Index, which is comprised of broad Argentina equities that are classified in Argentina according to MSCI Global Investable Market Index Methodology, along with those not included in the methodology but are either headquartered or listed in Argentina with significant links to Argentina’s economy.

This type of broader definition of Argentina-related company exposure may be more appealing to investors as the indexing methodology allows for more diversified exposure.