| When commodities swooned over the past two years, plenty of emerging markets and the corresponding exchange-traded funds felt the pain. The Global X MSCI Colombia ETF was among those ETFs, losing an average of 34 percent in 2014 and 2015.
Those loses were severe, though not surprising, when considering Colombia's status as a major producer of copper, gold and silver. Colombia, South America's second-largest economy behind Brazil, is also one of Latin America's fastest-growing oil producers, putting GXG in a tough spot during oil's recent bear market...............................................Full Article: Source
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