Betting on the U.S. election via the 'Trump ETF'


  • World
  • Saturday, 01 Oct 2016

Republican presidential nominee Donald Trump holds a rally with supporters in Council Bluffs, Iowa, U.S. September 28, 2016. REUTERS/Jonathan Ernst

NEW YORK (Reuters) - An exchange-traded fund focused on Mexico has become a weather vane for Republican Donald Trump's chances winning the U.S. presidential election in November, investors said.

Mexico has been a prime target for Trump, who has accused the country of taking away jobs from Americans, focusing particular ire on a landmark 1990s trade agreement with the United States' southern neighbour and Canada. He has said he will renegotiate the North American Free Trade Agreement, commonly known as NAFTA, or pull out of it, and build a wall along the U.S.-Mexico border to curb illegal immigration.

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