The MarketGrader MILA 40 Index seeks to follow the most fundamentally sound companies with the best growth prospects in Latin America’s nascent integrated market, known as MILA after its Spanish acronym (Mercado Integrado Latino Americano). These four countries are not only integrating their financial and capital markets to facilitate cross-border trade among them but are also negotiating the Trans-Pacific Partnership as a single block, potentially opening their economies to a vast market. Since its constituents are equally weighted the index gives each company an equal opportunity to contribute to the performance of the portfolio regardless of market size, sector or business model. It was designed to offer investors a way to capture the growth in one of the emerging markets’ most promising regions.
Companies domiciled in Chile, Colombia, Mexico and Peru, listed in their home country and in U.S. exchanges
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