The fund is designed to give investors exposure to Mexico’s domestic growth story, with an emerging middle class and positive developments in manufacturing and service industries.
According to a recent report from
“The Global X Mexico Small-Cap ETF provides an efficient way to play Mexico’s domestic growth story,” said Bruno del Ama, chief executive officer of Global X Funds. “Improvement in Mexico’s terms of trade with the U.S., its largest trading partner, has helped to increase investment in domestic industries.”