“For ETF investors looking south of the border, the iShares MSCI Mexico Investable Market Index Fund(EWW) looks strong heading into the New Year,” Don Dion Reports From The Street.

“EWW, which is designed to track the broad Mexican market, has gathered some momentum lately. In the three months ended Dec. 22, the fund has gained 12%. And it looks like the trend may continue with news this week, that Wal-Mart de Mexico — EWW’s second largest holding at 8% of its total portfolio, behind America Movil(AMX), which makes up 23% of assets — received shareholder approval to acquire Wal-Mart Centroamerica from parent company Wal-Mart Stores(WMT). According to The Wall Street Journal, the estimated $2.7 billion acquisition will create a 1,929-store behemoth, ranging from restaurants to clothing stores across six countries,” Dion Reports.

“While EWW’s momentum is growing, it hasn’t raced ahead of the iShares MSCI Brazil Index Fund(EWZ), which is still the go-to ETF when it comes to investing in single South and Central American nations.  Still, you don’t have to compromise. The iShares S&P Latin America 40 Index Fund(ILF) offers heavy exposure to both Brazil and Mexico. Together, these two nations make up 85% of the fund’s total portfolio,” Dion Reports.

See The Full Story: HERE

Here is a look at the 3 ETF mentioned:

The investment (EWW) seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the Mexican market, as measured by the MSCI Mexico Investable Market index. The fund generally invests at least 90% of assets in the securities of its Underlying index and in depositary receipts representing securities in its Underlying index. It invests at least 80% of assets in the securities of the Underlying index or in DRs representing securities in its Underlying index. The fund is nondiversified.

TOP 10 HOLDINGS (EWW) ( 67.59% OF TOTAL ASSETS)

Company Symbol % Assets AMERICA MOVIL-L (AMXL.MX) 23.15 Carso Global Telecom N/A 3.1 CEMEX SAB de CV N/A 6.14 Fomento Económico Mexicano, S.A.B. De C.V. N/A 5.81 Grupo Financiero Banorte, S.A.B De C.V. N/A 3.35 Grupo Mexico N/A 4.97 Grupo Televisa SA N/A 5.17 Telefonos de Mexico,S.A.B. de C.V. N/A 4.42 Telmex Internacional, S.A.B. DE C.V. N/A 3.76 Wal-Mart De Mexico SAB de CV N/A 7.72

The investment (EWZ) seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the Brazilian market, as measured by the MSCI Brazil index. The fund normally invests at least 95% of assets in the securities of its underlying index and in ADRs based on the securities in its underlying index. It uses a representative sampling strategy to try to track the index. The index consists of stocks traded primarily on the Bolsa de Valores de So Paulo. It is nondiversified.

TOP 10 HOLDINGS (EWZ) ( 64.16% OF TOTAL ASSETS)

Company Symbol % Assets Ambev Cia De Bebid Pfd N/A 3.19 Banco Bradesco N/A 4.77 Cia Siderurgica Belgo-Mineira N/A 3.01 Gerdau SA N/A 3.69 Itau Unibanco Banco Multiplo N/A 7.81 OGX PETROLEO-ON EB NM (OGXP3.SA) 2.37 Petroleo Brasileiro SA (Preference) N/A 12.54 PETROBRAS -ON EJ (PETR3.SA) 10.25 Vale N/A 9.46 VALE S.A. ADS (VALE) 7.07

The investment (ILF) seeks investment results that correspond closely to the performance, before fees and expenses, of the S&P Latin America 40 index. The fund invests at least 90% of assets in securities of the Underlying index and in depositary receipts representing securities of the Underlying index. The Underlying index is comprised of selected equities trading on the exchanges of five Latin American countries. It includes highly-liquid securities from major economic sectors of the Mexican and South American equity markets. The fund is nondiversified.

TOP 10 HOLDINGS (ILF) ( 69.08% OF TOTAL ASSETS)

Company Symbol % Assets AmBev ADR N/A 4.43 AMERICA MOVIL-L (AMXL.MX) 9.86 Bank Bradesco ADR N/A 4.91 COMPANHIA SIDER ADS (SID) 3.66 GERDAU SA ADS (GGB) 3.12 ITAU UNIBANCO ADS (ITUB) 12.01 Petroleo Brasileiro S.A. N/A 4.44 PETROLEO BRASILEIRO (PBR) 11.59 Vale S.A. N/A 12.17 Wal-Mart De Mexico SAB de CV N/A 2.89

Get 10 Trading Lessons FREE Click Here

GET A FREE TREND ANALYSIS FOR ANY ETF HERE!

Related posts:

1. Are We Heading Higher? (XHB, USO, SPY, DIA, QQQ, IWM)
2. Gold Heading To $2,350 per Ounce After 4th Wave Consolidation (GLD, GDX, GDXJ, IAU, DZZ)
3. Dow Jones Indexes to License Dow Jones Credit Suisse 30-Year Inflation Breakeven Index for ProShares 30 Year TIPS/TSY Spread ETF and ProShares Short 30 Year TIPS/TSY Spread ETF
4. Emerging Global Files For EGShares South Africa Small Cap ETF
5. iShares Funds Files For iShares MSCI South Korea Small Cap Index Fund ETF

ETF BASIC NEWS, ILF, NYSE:EWW, NYSE:EWZ