Chile May Not Need China to Shed Laggard Status
Editor's Note: This content was originally published on by The ETF Professor Benzinga Staff Writer. By the standards of many emerging markets ETFs the iShares MSCI Chile Investable Market Index Fund (NYSEARCA:ECH) was a laggard in 2012 returning "just" 8.23%. That means ECH trailed the iShares MSCI Emerging Markets Index Fund (NYSEARCA:EEM) by 520 basis points. Chile wears the crown as the world's largest copper-producing nation a gift and a curse depending on the global economic environment. The copper crown intimately links Chile to China the world's largest copper consumer. Perception becomes reality and the reality for investors ...
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