GXG: Beware The Risks (NYSEARCA:GXG)
GXG is a low-cost investment vehicle, allowing US investors exposure to Colombian equities. Read why the near-term GXG setup isn’t compelling.
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GXG is a low-cost investment vehicle, allowing US investors exposure to Colombian equities. Read why the near-term GXG setup isn’t compelling.
Markets around the world continued to be disappointing in Q3. Looking out into 2023, what does this challenging global environment mean for investors? Find out.
Since my August note, GXG has horribly underperformed the S&P 500. Here's why the 7.9% forecast GDP growth rate for 2022 is insufficient for a strong bullish thesis for the peso and GXG.
At first blush, GXG looks like an overlooked bet on global inflation. The Banco de la República has been decidedly hawkish, with a 150 bps rate increase delivered just recently.
GXG is a simple Colombian equities index ETF and could outperform as economic conditions improve and valuations normalize. An overview of the fund follows.