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Argentine Government Enables the Creation of Local ETFs and Ensures that It Is “a Historic Step”
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The National Securities Commission (CNV) approved a new regulation that enables the creation of publicly traded funds (ETF) in the Argentine market, a tool widely used in other markets to invest in diversified asset indices and portfolios.So far, from Argentina, it was only possible to invest, via CEDEAR program, in some foreign ETFs. SEE MORE: CNV anticipates the creation of a Merval ETF that would operate locally and abroad.Officialized measur…
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