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BBVASICE

BMV
44.84456 MXN
0.2835
0.64%
Last update Mar 7, 8:30 AM CST
Market closed
Previous close
44.56108
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BBVASIC Emerging Markets Fund
44.84
0.28
0.64%

Overview

Description

The BBVASIC Emerging Markets Fund is a diversified mutual fund designed to offer investors exposure to the dynamic and fast-growing emerging markets. The primary function of this fund is to provide capital appreciation and, to some extent, income by investing primarily in equity securities within emerging market countries. These markets typically include nations in Asia, Latin America, Eastern Europe, and Africa, characterized by rapid economic growth and industrialization. The fund is notable for its concentrated investment strategy focusing on sectors like technology, consumer goods, and natural resources, which are pivotal in driving growth in emerging economies. By targeting these industries, the BBVASIC Emerging Markets Fund leverages the potential economic transformations and rising middle-class consumer demand in these regions. In the broader financial market, this fund plays a critical role in allowing investors to diversify their portfolios by accessing the growth opportunities in emerging markets, thus potentially offsetting risks inherent in developed markets. It reflects the significant trend of globalization in investment strategies, acknowledging the increasing importance of emerging economies in the global economic landscape.

About

Address
Del. Miguel Hidalgo
Phone
+55 52012000
Website
Instrument type
Mutual fund
Country
Mexico
MIC code
XMEX
Market closed

Exchange is currently closed (non-working day)
Main market opens in 22 hours 23 minutes

10:06
00:00
23:59

Trading Hours (Monday - Friday):

Main market
08:30 - 15:00
All times are displayed in the America/Swift_Current timezone (CST, UTC-06:00).