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Chris@Multibagger
1Sem.
I think your train of thought is good and understandable. However, if the ETF holds the 2 largest positions in MAG 7 shares with $TSLA 9% and $NVDA with 7%, I take a critical view of the designation as Latin American Emerging Markets.
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Stulle 🥪@Stullen-Portfolio
1Sem.
@Multibagger
Well, that's because of the way this ETF replicates. Not physically, but synthetically - and that is why such artifacts occur (in the breakdown into individual positions). The performance is (almost) identical to the index that the ETF tracks.

Regards
🥪
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ichmussweg@ichmussweg
1Sem.
@Stullen-Portfolio Thanks Stulle ! @Epi the largest position in Nuholding's

Here the composition of a physically replicating ETF
https://www.justetf.com/de/etf-profile.html?isin=IE00B27YCK28#zusammensetzung
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Chris@Multibagger
1Sem.
@Stullen-Portfolio Thanks for the explanation. I'm glad that I have nothing to do with ETFs. Physical, synthetic, artifacts, that's more complicated than any single stock analysis. 😂😉
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ZeissJessy@ZeissJessy
1Sem.
For me, with USA >90%, it is also not a classic Latin America, but rather USA + fractions of South America
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ichmussweg@ichmussweg
1Sem.
@ZeissJessy see above! This is a synthetic ETF! Cheers!
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Stulle 🥪@Stullen-Portfolio
6J
@Multibagger
Nah, it's not that complicated, Chris.

And incidentally, it's pretty irrelevant anyway. Just as irrelevant as the question of whether a company's supervisory board consists of 6, 7 or 8 people 😉

Greetings
🥪
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