iShares MSCI Chile ETF: Still Too Many Risks

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With China finally reopening, boosting hopes for a rebound in commodity prices and mining activity, the iShares MSCI Chile ETF (BATS:ECH) has been an outperformer YTD, rallying in the double-digits % (at the time of writing). Yet, investing in Chile still comes with a host of uncertainties, including on the political side, following the rejection of the country's first constitutional rewrite last year - a resounding defeat for the ruling coalition and the newly elected president. The lack of political support doesn't bode well for the current administration's plans to tackle the widening deficit, which will need to be funded at some point.

seekingalpha.com     Feb 03, 2023