Some exchange-traded funds representing the 'BRIC' countries -- Brazil, Russia, India and China -- achieved performance numbers in the month of April that would make many investors happy if they were spread out over a full year.
The 10 BRIC-related funds in the accompanying table each made it into the top 6% of the performance array of the 676 ETFs tracked by TheStreet.com Ratings, with gains in the 12%-18% range for the month.
Investor interest in BRIC funds, aroused by sector-leading performances in 2007, has ebbed somewhat in recent months. But the impressive April returns by ETFs that invest in the BRIC nations showed they still have plenty of life left in them.
Three of the funds on the list, as indicated by the word BRIC in their names, invest in all the four countries. The three with "China" embedded in their respective names focus on the largest of the BRIC countries. They include the leading performer on the list for month, the SPDR S&P China ETF(GXC Quote), which jumped 17.97% in April. ...
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