MXE Profile
Mexico Equity & Income Fund Inc. is a closed-ended balanced mutual fund launched and managed by Pichardo Asset Management, S.A. de C.V. The fund focuses its investments in both the fixed income and public equity markets of Mexico, providing a diversified approach to capital allocation. Additionally, it allocates a portion of its assets to convertible securities to enhance its investment strategy.
The fund targets stocks of companies operating across a broad range of sectors, seeking to capture growth opportunities within the Mexican economy. By diversifying its investments, Mexico Equity & Income Fund aims to mitigate risks while maximizing returns for its shareholders. The fund's strategy reflects a comprehensive understanding of the dynamic Mexican market and its growth potential.
To measure its performance, Mexico Equity & Income Fund benchmarks its portfolio against the Mexbol and MSCI Mexico Index. These benchmarks provide a comparative framework to assess the fund's returns and ensure alignment with the broader market trends. The use of these indices underscores the fund's commitment to maintaining robust performance standards and delivering value to its investors.
Established on May 24, 1990, Mexico Equity & Income Fund Inc. is domiciled in the United States. With over three decades of investment experience, the fund leverages the expertise of Pichardo Asset Management to navigate the complexities of the Mexican financial markets. The fund's longstanding presence and strategic investment approach continue to attract investors seeking exposure to Mexico's economic landscape.
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