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It's winter in South America right now but Latin American funds are anything but cool.
While U.S. stocks have spent the summer on a volatile trip to nowhere -- the S&P 500 is up a forgettable 1.27% over the past three months -- Latin American stocks and funds have taken off.
The iShares S&P Latin America 40 index(ILF Quote) exchange-trade fund, which includes the largest Mexican and South American stocks, is up 18.54% for the last three months and 26.43% over the last 100 days. ...
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