Global X Funds has added a new ETF to its Latin America fund suite. The Global X FTSE Andean 40 ETF will allow investors to take advantage of a pending agreement to merge the stock markets of Chile, Colombia and Peru.
The new vehicle will track the performance of the FTSE Andean 40 Index. The index measures the performance of the 40 largest and most liquid companies in the Chilean, Colombian and Peruvian markets.
Click here for the release from PR Newswire.