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EPU: Peru Benefits From Copper Bull Market
The iShares MSCI Peru and Global Exposure ETF is heavily focused on copper-related stocks. Copper prices have been rising due to supply issues, benefiting companies like Southern Copper and driving the performance of the EPU ETF. The strength of copper also supports the Peruvian Sol, mitigating the impact of rate cuts on financial businesses like Credicorp.
Seekingalpha | 2 years ago
