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Is Brazil-Russia-India-China (BRIC) ETF For You? |
CanadianDaniel Newbie

Joined: 25 Aug 2006 Posts: 9 Location: Toronto
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Posted: Mon Sep 18, 2006 6:00 am Post subject: Is Brazil-Russia-India-China (BRIC) ETF For You? |
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The term BRIC is an acronym for Brazil, Russia, India and China. Many consider these countries the drivers for the emerging-market bull of the last few years.
Market players have expected to see some sort of investment product that would capture the four countries. Claymore Investments has delivered with its Claymore BRIC ETF, which just started trading on the Toronto Stock Exchange under the ticker CBQ. The ETF is expected to start trading in the U.S. in October.
China is weighted at 31.28% and India at 13.95%. Brazil has the heaviest weighting at 48% with Russia the laggard at some 6%.
So if a diversified international holding that still maintains almost one third of its equity in Chinese investments appeals to you, you might want to research the BRIC ETF. According to Claymore, BRIC countries are expected to have a higher GDP growth, more than 8%, than any of the developed markets over the next 10 years.
Personally, I bought 100 shares at Cdn$19.59 a couple of weeks ago. Although the fund resembles the Bank of New York BRIC Select ADR Index, let me know any superior competitive products. _________________ Well-done is better than well-said
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Is Brazil-Russia-India-China (BRIC) ETF For You? Replies |
rffrydr Moderator


Joined: 30 Oct 2005 Posts: 16937 Location: Sunny California
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rffrydr Moderator


Joined: 30 Oct 2005 Posts: 16937 Location: Sunny California
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Posted: Mon Jan 28, 2008 9:08 am Post subject: |
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The "recoupling" story is now kicking in:
http://www.bloomberg.com/apps/news?pid=20601213&sid=ayVS4Vk9OWn0&refer=home
I'm still looking to sell these, particularly Brazil and Russia, and won't feel it's "developed" until I see more in the way of repatriation. Yet, if you want to play a recession "faliure to appear" will these not give you more beta bang? --or, maybe we are decoupled  _________________ Today is the Tomorrow you worried about Yesterday! |
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