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ETFs Could Partake in Argentina's Allure

by Don Dion

While South Carolina Governor Mark Sanford and his friend Maria may have seen Argentina as the home of their "hopelessly impossible situation of love," ETF investors are likely to see the nation as one of the newest additions to the growing list of exchange-traded funds. ETF Database reports that Argentina is one of three possible candidates for the next Latin America ETF. The other two are Venezuela and Panama. The Web site reviews the nations' individual strengths and weaknesses. Argentina is currently the 30th-largest economy in the world. It boasts a large number of natural resources, and for some investors who are looking to tap Latin America's potential, it seems to be the most logical choice. The country itself has seen some hard times, however. In recent years, the nation's currency suffered huge devaluation coupled with high unemployment. Lately, it has managed to bounce back. Nevertheless, the...

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