Investing in securities

RNelson

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How do Argentine residents invest in 1) USD inflation-protected bonds like TIPS and 2) mutual funds or ETFs indexed on the S&P 500? I've never heard Argentine friends or family mention small-scale investing, except to deride "betting" on individual local stocks (I agree, individual stocks are too risky for most of us). I understand that it just might not be accessible to middle class Argentinos or advantageous from a tax perspective. But, if not, do people use Interactive Brokers? Are there any good "nacional" brokerages that allow investment in USD denominated securities?
 

lunar

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1) USD inflation-protected bonds like TIPS
There are CDs protected against Argentinean inflation. So called "Plazo Fijo UVA". How they calculate inflation is a different story.
Nothing USD-denominated, naturally.
2) mutual funds or ETFs indexed on the S&P 500?
Many banks offer mutual funds investing options.

There are local brokerages as well.
(Just to give one example).
 

jowen71

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How do you invest in an ETF in Argentina?

Through CDRs, often through a brokerage or sometimes through their bank. Banks in Argentina do not have the same restriction regarding being a full service bank in Argentina as they do in other countries. That is, you can do your checking as well as investing through the same bank.

There are currently 9 ETF options in Argentina that function through CDRs. One is an S&P 500 index fund. Others are the Dow Jones, emerging markets, and a few industry ETFs. They first became available early this year.
 
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