ILF - Stocks In Latin America Top Year-To-Date Rally For Global Equities
The new year has been kind to foreign stocks so far. Although all the major regions of the world are posting year-to-date gains through yesterday's close (Jan. 29), equity markets in Latin America and Eastern Europe/Russia are well ahead of the rest of the field, based on a set of exchange-traded products.
The top year-to-date performer at the moment: iShares Latin America 40 (ILF). The ETF has popped 11.0% so far in 2019. The fund is near its highest close since last May, more than reversing the sell-off that weighed on ILF in late-2018.
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