Betting on the U.S. election via the 'Trump ETF'

Trump holds a rally with supporters in Bedford, New Hampshire, U.S.An exchange-traded fund focused on Mexico has become a weather vane for Republican Donald Trump’s chances winning the U.S. presidential election in November, investors said. Mexico has been a prime target for Trump, who has accused the country of taking away jobs from Americans, focusing particular ire on a landmark 1990s trade agreement with the United States’ southern neighbor and Canada. Although a range of factors influence all markets, investors said this week that the U.S.-listed iShares MSCI Mexico Capped ETF (EWW) is increasingly being driven by the prospect of the New York businessman’s election.

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