At 22.77% and 13.26%, respectively, Chile and Colombia are PACA’s next largest country weights. Peruvian stocks account for just over 12% of the new ETF’s geographic exposure. PACA currently does not feature exposure to Argentina.
The financial services, consumer staples and materials sectors combine for about 61% of PACA’s sector allocations.
The new ETF holds 142 stocks and charges 0.45% per year, or $45 on a $10,000 investment.
For more new ETF launch stories, visit our New ETFs category.