2023-04-23 02:11:14 ET
Summary
- Up over 19% year to date, the Franklin FTSE Mexico ETF is enjoying a healthy rally.
- Mexico is being prepped to become a premier export platform, far more integrated into the top-tier tech and automotive supply chains as multinationals seek to migrate production out of China.
- A WTO member, with 13 FTAs that cover fifty countries including both the USMCA and Trans-Pacific Partnership, Mexico’s market is now a place of unique Venn diagram-like linkage.
- With more midsized industrial service holdings, FLMX is an effective way to capture the near-shoring trend in Mexico.
For further details see:
Franklin FTSE Mexico ETF: 'Near Shoring' And Its Investment Boom In The 'Close South'