Assets invested in ETFs listed in Latin America reached $22.16 billion by the end of February. However, data has shown this marked a slight decrease of 2.8% year-to-date compared to the end of 2023.
According to ETF research firm ETFGI’s report, in February alone, Latin American ETFs witnessed net inflows of $195.98 million, contributing to year-to-date net inflows of $327.27 million, marking the fourth consecutive month of positive inflows.
The Latin American ETF industry boasted 136 ETFs with 2,581 listings, managed by 72 providers across 7 exchanges. Despite the slight decrease in assets, the region continues to show resilience and growth potential.
Commodity prices and interest rates: The 2 key headwinds facing Latin America
Equity ETFs experienced net outflows of $40.39 million in February, leading to year-to-date net outflows of $329.48 million, a decrease from the previous year. Conversely, fixed income ETFs gathered significant inflows of $215.86 million during February, bringing year-to-date net inflows to $383.86 million, substantially higher than the same period in 2023.
According to the data providers, the top 10 ETFs by net new assets played a pivotal role in February’s inflows, collectively amassing $482.85 million. Notably, iShares NAFTRAC secured the largest individual net inflow of $177.36 million.
