Three Peruvian Stocks Added to MSCI EM

MSCI has announced the following changes in the MSCI Emerging Markets, according to the May semi-annual review:

Country      Stock             Weight Change (%)      Proforma Weight (%)

Chile           Cencosud                 0.008                   0.092

Chile           Gener                       0.03                      0.03

Chile           Copec                       0.031                    0.231

Peru            Buenaventura        -0.211                    0

Peru            Southern Copper  -0.186                    0

Peru            Credicorp               -0.166                    0

Peru            Milpo                      -0.048                   0

Colombia    Suraminv                0.008                   0.076

In addition, three Peruvian companies worth watching have been added through its American Depository receipts (ADRs):

Buenaventura (BVN), a mining company which recently posted $100.3 in Q1 profits despite low metal prices; Southern Copper (PCU); and financial services holding company Credicorp (BAP).