WisdomTree Brazilian Real
WisdomTree Brazilian Real (BZF) is a sector fund focusing on Brazilian debt and currency contracts. Brazil’s economy has been on fire, and only this year has it started to cool down a bit.
The private equity and hedge funds I speak to are unanimous — South America is the next region of growth. We’re seeing it in Costa Rica and Colombia, and Brazil will heat up again. Brazil insists on becoming increasingly modern and westernized, despite a lack of present infrastructure. Meanwhile, there’s more technology to feed into the population. When South American stocks take off, it’s going to be huge.
The BZF expense ratio is 0.45%, a bit pricey, but that’s what you get with more obscure ETFs.