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Colombia's stock market has returned 34.5%/year over the past eight years, yet fund managers are...

Colombia's stock market has returned 34.5%/year over the past eight years, yet fund managers are just now acknowledging the infamous country as an attractive investment opportunity. With GDP growth of ~5.5%, a debt burden of just 24% of its national product, and business friendly policies, the GlobalX Colombia ETF (GXG) is a promising medium-term trading opportunity that could turn into a long-term hold.
Comments (1)
  • Tom Au, CFA
    , contributor
    Comments (6775) | Send Message
     
    For our purposes, you only had to know about two stocks, Ecopetrol (EC), and BanColombia (CIB) during those past eight years.

     

    Just like Vale (RIO) and Petrobras (PBR) of Brazil
    3 Oct 2010, 05:47 PM Reply Like
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