For EWW, this outsized exposure is telecom giant America Movil( AMX ) , which currently accounts for about 17.5% of this fund's portfolio. The Mexican central bank reported that in February, foreign investors poured a record $80 billion into the nation's stocks and bonds, almost 5 times more than flows into Brazilian securities over that same span. Other near- and medium-term drivers for growth include a recovering U.S. economy, the return of some manufacturing previously lost to China as Chinese competitiveness begins to suffer thanks to wage inflation, and Mexico's young population.