Chile's Election Confirms What ECH Was Already Pricing In
Summarize this article with:
Eliana Scialabba1.65K FollowersFollow5ShareSavePlay(8min)CommentsSummaryThe iShares MSCI Chile ETF (ECH) is rated Hold, reflecting a balanced risk-reward after a sharp rally driven by improved macro and pro-market political signals.Recent momentum in ECH is largely priced in, with the ETF up 57.5% over 12 months and trading near 52-week highs.Key sector exposures include Financials (25.9%), Basic Materials (17.6%), and Industrials (17.2%), amplifying sensitivity to macro and regulatory shifts.Further upside in ECH depends on concrete execution of pro-investment policies amid persistent social, fiscal, and commodity-related risks. mirsad sarajlic/iStock via Getty Images Last weekend, candidate José Antonio Kast won the presidential election in Chile. With this result, the country leaves behind several years of governments with a higher degree of state intervention, which had increased regulatory uncertainty and affectedThis article was written byEliana Scialabba1.65K FollowersFollowI’m an economist and independent investor from Argentina. I focus on connecting macroeconomic dynamics with company-level valuation to identify long-term opportunities. Living in Argentina gives me a firsthand view of one of the most complex and dynamic markets, which allows me to cover local assets in depth while also analyzing broader Latin American and global trends. My investment approach blends deep value with a long-term perspective, centered on underfollowed names and structural stories in leading companies. All views are personal and not financial advice.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.