Brazil is the top performing market in the world so far this year. The Bovespa has shot up by 41% year-to-date,
The Olympics and more importantly the ousting of the Dilma Roussef government a while ago by a more pro-growth conservative administration made foreign investors turn their attention to Brazilian equities again.
Bovespa year-to-date return chart:
Click to enlarge
Source: Google Finance
The iShares Brazil ETF(EWZ) is a simple way to invest in Brazil. For investors looking to invest directly in individual companies a list of ADRs trading on the markets can be found here.
Disclosure: No Positions
