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TheStreet.com TV's Gregg Greenberg recently reported the Allianz NACM Emerging Markets Opportunities Fund (AOTAX Quote) has returned an average of 42% annually over the past three years.
13% of the fund's portfolio is in Brazilian stocks.
Why?
"Brazil is a good to country [to invest in] right now because domestic demand is skyrocketing, interest rates are dropping, the currency is strengthening... [Brazil] has good companies exposed to all the trends you see around the world," says Horacio Valeiras, one of the NACM Emerging Markets Opportunities Fund managers. ...
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