

IMF urges Latin America to cut debt, lift productivity while tailwinds last

MassMutual Private Wealth and Trust FSB acquired a new stake in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) during the third quarter, according to its most recent disclosure with the SEC. The fund acquired 36,453 shares of the company's stock, valued at approximately $1,258,000. Other hedge funds also recently made changes

As measured by the iShares Latin America 40 ETF (ILF), the region is handily beating the S&P 500 year to date, up 15% compared to the S&P's 11% move

180 Wealth Advisors LLC lifted its stake in iShares Latin America 40 ETF (NYSEARCA:ILF) by 36.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 111,019 shares of the company's stock after acquiring an additional 29,507 shares during the quarter. 180 Wealth


The iShares Latin America 40 ETF (NYSEARCA:ILF) is the default vehicle for U.S. investors who want regional exposure without having to set country weights themselves. ILF tracks the S&P Latin America 40 Index, holds 52 companies, and manages $4.14 billion at a 0.47% expense ratio. The fund has performed well recently, returning 32.44% over the... Skip Broad Latin America. This Single-Country Fund Is Where the Reform Rally Is

iShares Latin America 40 ETF is reiterated as a "Buy," supported by attractive valuation and technical support near the 200-day moving average. ILF trades at a low 9.8x P/E, offers a 2.90% yield, and is heavily weighted toward Financials and Energy, with no Tech exposure. Momentum has cooled, but cyclical sector dominance and July seasonality suggest a favorable near-term risk/reward profile.

Although not uniform across the region, a number of Latin American equity markets have outperformed the S&P 500 year to date (YTD). Emerging markets in Peru, Colombia, Brazil, and elsewhere have all beaten the S&P's 9% YTD returns, thanks to a combination of factors, including higher prices for certain commodities, growing AI-related demand for outputs such as copper, lithium, and nickel, and favorable company valuations.