The Brazilian economy has been on a roll for many years now.The country
is able to exploit its abundant natural resources to cater to the
demand of emerging markets of China,India, etc.
Brazil has many advantages such as a democratic political system,plenty of natural resources, strong Foreign Direct Investment (FDI) flow, etc.No wonder that Brazil ADR stocks are a favorite pick of the investment community. Last year the ishares Brazil ETF EWZ was up a whopping 75%. this year the ETF is already up 8.8% this year.
Source:
Brazil ETF Benefits From Economics and Agriculture
There are many Brazilian ADRs trading in the US.For more details checkout:
