Mainly stocks and exchange traded funds (ETFs) listed on foreign exchanges. In order to invest in these products, the client must open a foreign investment and custody account through Tanner Corredores de Bolsa S.A.
These products are targeted towards clients that are looking for a savings or investment alternative with a certain degree of risk.
As with domestic equities, stock prices are variable by nature and can increase or decrease based on several financial factors that mainly affect expectations about the company’s future earnings growth.
Risk: Interest rates and risks associated with the company’s operations and/or condition. In addition, because these investments are in foreign currencies, their value will fluctuate based on changes in the exchange rate of the denomination currency versus the Chilean peso.