WisdomTree Brazilian Real Strategy ETF (BZF)
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Investors looking for overseas opportunities in emerging markets have to tread lightly given the COVID-19 pandemic, particularly in Latin America. Nonetheless, ETF investors looking to place their bets on Brazil can do so with small-caps as its economy continues to recover.
Exchange-traded fund (ETF) investors looking for international exposure via emerging markets may want to consider Brazil, especially if the country’s economy can stage a comeback next year. However, according to the International Monetary Fund (IMF), there’s still a lot of work to do.
When budding entrepreneurs have dreams of grandeur on creating the next big app, Silicon Valley might be the first destination on their minds. One place they may not have thought about is Brazil, which could be an ideal breeding ground for app developers.
Emerging markets were and still are a prime concern amid the Covid-19 pandemic, but one of the largest EM countries, Brazil, looks to be making some headway. It begs the question, however: is there more room to run for Brazil and in turn, will it boost Brazil-focused exchange-traded funds (ETFs)?
Emerging markets were no doubt hit hard by the coronavirus pandemic, leaving a lot of EM countries in correction territory in their respective markets–size not being a factor in helping to mute the effects. Brazil, one of the largest EM countries, is also looking to end the first half of the year in correction territory.
Newsweek reported that the number of coronavirus cases in Brazil topped the 360,000 mark over the weekend as Brazilian president Jair Bolsonaro is receiving criticism for his response to the pandemic. As such, Brazilian exchange-traded funds (ETFs) could be an interesting play the next couple of weeks.