The Argentina Securities Commission (CNV) reported the launch and start of trading of gForce MSCI Merval ETF, Argentina’s first local exchange traded fund. The fund uses passive management to track the MSCI MERVAL equity index, giving domestic and foreign investors access to a diversified portfolio of Argentine shares. Structured as an open ended mutual fund under General Resolution No. 1143, the product follows the CNV’s approval of the country’s first local ETF framework in May 2026. Its operation envisages CNV registered intermediaries acting as authorized participants and market makers. The fund will issue a single class of units and will not have a risk rating.
Argentina Securities Commission reports launch of first local ETF tracking MSCI MERVAL
The Argentina Securities Commission (CNV) reported the debut of gForce MSCI Merval ETF, the country’s first local exchange traded fund, tracking the MSCI MERVAL equity index. The launch follows approval of the local ETF framework in May 2026. The fund will have one class of units and no risk rating, with CNV registered intermediaries expected to serve as authorized participants and market makers.