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MXF
AS OF
Jul 26 closing price
Price
$15.80
Change
-$0.00 (-0.00%)
Net Assets
266.04M
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GOP and Trump at odds over Mexico tariff plan
Republican senators are preparing for confrontation with President Trump, after he threatened tariffs on all goods coming into the U.S. from Mexico. Trump said Republicans would be "foolish" to try and oppose his tariffs.
The split and potential standoff over 5% tariffs -- set to begin next week and ratchet up 5% through October -- on all goods imported from Mexico reveals some of the cracks between Trump and his party. Senate Majority Leader Mitch McConnell said, "There is not much support in my conference for tariffs, that's for sure." Mexican officials are in Washington launching a diplomatic counteroffensive and fresh negotiations.
Related Ticker: MXF
Industry description
The Fund’s investment objective is long-term capital appreciation through investment in securities, primarily equity, listed on the Mexican Stock Exchanges. The fund will generally invest at least 80% of its total assets in equity securities listed on the Mexican Stock Exchange but may reduce its holdings below 80% of its total assets for temporary defensive purposes when unusual market or economic conditions occur. This investment policy is a non-fundamental policy, which may be changed by the Board of Directors upon 60 days' prior written notice to stockholders.
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General Information
Category Miscellaneous
Profile
Fundamentals
Details
Category
Miscellaneous Region
Address
1775 Eye Street NWWashington
Phone
N/A
Web
www.themexicofund.com
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