Dec 29
Mexico offers some good investment opportunities. Three ADRs from Mexico trade in the NASDAQ market. This post provides a brief overview of them:
1. Grupo Aeroportuario del Centro Nort SAB (OMAB) runs 13 airports in Mexico serving the metropolitan area of Monterrey, three tourist destinations (Acapulco, Mazatlán and Zihuatanejo), regional centers (Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón and Zacatecas) and border cities (Ciudad Juárez and Reynosa). OMAB’s dividend yield is 7.65% and the annual revenue has increased at about 12% in the last 5 years. On December 8, the company announced that December passenger traffic was down 13.3%.
2.Telefonos de Mexico (TFONY) is a fixed-line telecom and data services provider in Mexico. The current yield is 2.9%. TFONY is one of TheStreet.com’s Top Five All-Round Value stocks.
3.America Movil, S.A.B. de C.V. (AMOV) is a wireless communication services provider in Latin America. At the end of last year, AMOV had 153.4 million subscribers in 17 countries. AMOV is the largest holding in the iShares MSCI Mexico Investable Market Index Fund (EWW). AMOV pays a dividend of 1.63%.
written by admin
Oct 23
Mexican stocks seem to be holding well compared to other emerging markets like Chile, Brazil,Argentina,etc. The MSCI Mexico Investable Market Index Fund ETF (EWW) is down year-to-date 17.21%.
The following table lists the ADRs from Mexico:
| Company |
Ticker |
Sector |
| America Movil |
AMX |
Mobile Telecom. |
| Cemex |
CX |
Construct.&Materials |
| Coca-Cola Femsa |
KOF |
Beverages |
| Desarrolladora Homex |
HXM |
HouseGoods&HomeConst |
| Empresas ICA |
ICA |
Construct.&Materials |
| Fomento Economico Mexicano |
FMX |
Beverages |
| GRUMA |
GMK |
Food Producers |
| Grupo Aeroportuario del Centro Norte |
OMAB |
IndustrialTransport. |
| Grupo Aeroportuario del Pacifico |
PAC |
IndustrialTransport. |
| Grupo Aeroportuario del Sureste |
ASR |
IndustrialTransport. |
| Grupo Casa Saba |
SAB |
Food &Drug Retailers |
| Grupo Radio Centro |
RC |
Media |
| Grupo Simec |
SIM |
Indust.Metals&Mining |
| Grupo Televisa |
TV |
Media |
| Grupo TMM |
TMM |
IndustrialTransport. |
| Industrias Bachoco |
IBA |
Food Producers |
| Maxcom Telecomunicaciones |
MXT |
Fixed Line Telecom. |
| Telefonos de Mexico |
TMX |
Fixed Line Telecom. |
| Telmex Internacional |
TII |
Mobile Telecom. |
| Vitro |
VTO |
Construct.&Materials |
written by admin
Mar 10
Higher crude oil prices is a good thing for Mexico.Besides Mexico has always had a few dominant companies that monopolized their industry and make profits year over year.
So in order to invest in Mexico, an investor has many choices such as buying individual stocks, ETFs, Mutual Funds. Listed below are some of the choices via funds:
1.ETF
iShares MSCI Mexico Index Fund (EWW)
EWW has given positive returns for many years now.The ETF has a yield of about 1.88% and assets of about $1.3B. America Movil - a telecom provider is heavily weighted in this fund.
2. Closed-Ended Fund
Mexico Equity and Income Fund Inc (MXE)
Yield - 0.55% Mkt Cap - $62M
3. Closed-Ended Fund
The Mexico Fund Inc. (MXF)
Yield - 2% Mkt Cap - $618M
Related article: http://adruniverse.blogspot.com/2008/02/mexico-airport-operators-adrs.html
written by David
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