Given the new inflation data, which marked that in January prices rose 6%, analysts recommend 4 alternatives to invest the pesos
By Mariano Jaimovich
02/14/2023 – 7:02 p.m.
The new ones inflation data published by INDEC, which measured that in January the monthly rise in prices in the economy was 6%, while year-on-year it accumulates an increase of 98.8%, rekindles the interest of savers. In this case, analysts recommend investing in 4 instruments that adjust for this variable.
With an upward inertia of inflation, the pesos lose purchasing power more quickly. Therefore, positioning yourself in assets that adjust for the CER index, “represents the best option to protect value” against this variable, holds Maximiliano DonzelliHead of Research at IOL investoronline.
Within this framework, market analysts recommend some alternatives that they consider to be “useful” for boost savings, since “at the same time that they also allow you to protect your capital against the rise in prices in the Argentine economy”.
Most of the 4 proposals that the experts are proposing They consist of papers in pesos with a short-term issuance date, since a large part of them expire before the end of the current Government.
4 proposals to invest due to high inflation
Recommended proposals are based on alternatives that pay an interest rate equal to annual inflation plus an extra percentageas an incentive to seduce savers.
1. Bill of the National Treasury
“For investors who want to invest thinking in the short term, which would be a little less than 6 months, We suggest adding the discount bill of the national treasury maturing on April 28, 2023 (S28A3), an instrument with considerable volume, which pays a fixed rate and to date has an annual effective yield of 115%.Donzelli details.
Rising inflation causes savers to begin to pay attention to investments that are adjusted by CER.
2. T2X3 Bonus adjusted by CER
Meanwhile, for people seeking to position themselves in pesos in the medium term, in second place It is proposed to add the national government bonus “T2X3″, that adjusts its capital by the CER, thus managing to keep up with inflation.
This bonus with expiration in August 2023 operates with a considerable volume and to date has a IRR of CER plus a plus of 5.5%with an estimated IRR of 114.3%.
3. TX26 bond adjusted by CER
In third placeDonzelli believes that it would be “ideal” to add the national government bond to the portfolio on debt bond maturing in 2026, called “TX26″, that adjusts its capital by the CER, thus managing to keep up with inflation. This paper has an IRR to date of CER plus an interesting extra of 13.4%.
4. AdCap Wise Capital Growth Pool
Finallyfor those investors looking to invest in several CER instruments at the same time, these experts recommend positioning themselves in the FCI AdCap Wise Capital Growth.
“This Fund is positioned in both bills and CER bonds, thus offering inflation coverage with different maturity and performance terms, to obtain a return above a fixed term and immediate liquidity.Donzelli concludes.
