'BRIC' ETF Investing: Getting Started in India
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India is a country with mind-blowing economic potential in the coming years. As is, its economy is growing at a rate of over 9% per year (see data from India's Central Statistical Organisation).
Now, with two India-focused exchange-traded funds (ETFs
) in development, here is a primer on India and how you can get a share of the "I" action in BRIC.
BRIC Recap
BRIC is the term investors use to describe the emerging economies of Brazil, Russia, India and China (see "'BRIC' ETF Investing: An Introduction"). The BRIC countries are the poster children of emerging-market
investing. Each country is estimated to become an economic powerhouse within the next several decades.
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