Must Brazil opt out of BRIC?

Global X Brazil Financials ETF [BRAF] corresponds as per the price and yield of the Solactive Global X Brazil Braf Index after the annual expenses of 0.77%. The index which includes 25 most liquid bank stocks from the Latin nation has managed a 4+% returns in the past six months with ITAU UNIBANCO BANCO ADR being its top asset with more than one tenth of net allocation. Other top stocks in this Brazil Financial fund includes BANCO SANTANDER ADR and BANCO BRADESCO SPON ADR.

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