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ETF Offers a Taste of Investing in Brazil

Stock quotes in this article: EWZ , GML , ILF  

If you're not familiar with Brazil, you might be doing your portfolio portfolio a disservice. Here is a look at how a Brazil-focused exchange-traded fund (ETF exchange-traded-fund-etf) could give you a broad taste of the sizzling returns in this hot "BRIC" market.

Grabbing a BRIC

Right now, Brazil is one of the four top emerging-market economies on every analyst's analyst growth radar. Companies in Brazil as well as in Russia, India and China (or BRIC) are expected to grow at a phenomenal rate for the next several decades (see "'BRIC ETF Investing: An Introduction").

If you're interested in investing in Brazil (or almost any emerging market), an ETF can provide you market exposure with the same security and ease of access as buying and selling a domestic stock. For example, Barclays' (BCS Quote) country-specific iShares MSCI Brazil Index Fund index-fund(EWZ Quote) can take a whole lot of red tape out of investing in Brazil's heavily regulated market. ...

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