Just seeing if anyone out there is holding Brazil stocks. Which stocks and why?
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MSCI Brazil (ticker: IBZL) is a good one. It is an ETF made up of 51 stocks.
It has an expense ratio of 0.74% but pays a dividend of ~5% paid quarterly.
The reason I like Brazil - it is an emerging market with a large population and an increasingly strong economy. PWC predicts that the Brazilian economy will be the 5th largest in the world by 2050 and the combined Brazil & Mexico economies will be larger than Japan & Germany.
Here is a breakdown of the sectors which make up the ETF:
| Type | Fund |
|---|---|
| Financials | 25.64 |
| Materials | 24.38 |
| Energy | 16.89 |
| Consumer Staples | 8.89 |
| Industrials | 6.30 |
| Consumer Discretionary | 5.51 |
| Utilities | 4.63 |
| Health Care | 4.51 |
| Communication | 1.91 |
| Information Technology | 0.87 |
| Cash and/or Derivatives | 0.48 |
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Yes,and wider Latin America. I hold BRLA and LTAM (trust and etf) with a few ADRs, currently ABEV and BBDO. I dip in and out of several Brazilian and Argentinian ADRs as they are quite volatile.
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