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Thanks for the response. Do you mind if I ask for some clarification? By investing in a Latin American mutual fund I will be buying stock in companies, not countries. If, for example, a Brazilian oil company is doing a great business and making a large and growing profit why should I be particularly concerned about the government? If I believed that the government could screw things up so badly it would ruin the stock I would not have invested in any United States companies or mutual funds for the last 6 years or so. Oh wait, that would have been a pretty good idea with the benefit of hindsight.

Joking aside I think there is some potential for growth in that part of the world and the actions of one government out of several don’t seem too scary. So I am serious in asking for more information.
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