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Article: Latin lovers: the volatility of Latin American mutual funds makes you love 'em - or leave 'em.
- Article from:
- Entrepreneur
- Article date:
- March 1, 1998
- Author:
CopyrightCOPYRIGHT 1998 Entrepreneur Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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I have a cousin who has a love-hate relationship with Latin American funds: She loves them when they're hot, hates them when they're not but likes to stay invested in them regardless of their instability because of the market exposure they provide her.
The first thing to consider before investing in any Latin American fund is that any change in a Latin American country's social, political or economic climate can impact a fund's performance. That may be difficult for novice investors to swallow, but pros know it's best to buy on bad news and sell on good.
So before taking the plunge, understand that the Latin American markets - and the mutual funds that invest ...