Why Patience and Discipline Are Key for This Brazilian ETF February 16, 2021
Patience and discipline are important virtues for investors in the capital markets. They’re almost required in emerging markets. ETFs like the
The fund seeks to replicate as closely as possible the price and yield performance of the MVIS® Brazil Small-Cap Index, which includes securities of Brazilian small-capitalization companies. A company is generally considered to be a Brazilian company if it is incorporated in Brazil or is incorporated outside of Brazil but has at least 50% of its revenues/related assets in Brazil.
BRF, with its expense ratio of 0.63%, has been showing recent strength as of late with Brazil’s economy contracting less than initially expected in a rough 2020. In the last few months, the fund is up about 12%.