- Chilean fiscal support has recently been ramped up prompting the central bank to raise GDP estimates for the year.
- Chile’s vaccination efforts are well ahead of its peers.
- Lingering political and regulatory risks could dampen the prospects of Chilean equities.
- The risk-reward dynamic on the charts looks promising at current levels, and valuations are inexpensive.
- The relative strength of Chilean equities compared to the Latam and EM regions look overly stretched to the downside.
For further details see:
iShares MSCI Chile Capped ETF - For The Technically-Minded Investor