BRIC Alert: Brazilian Consumer ETF Coming (BRAQ, ABV, BRFS, GFA)
We are about to get a new ETF this week for investors who love chasing the BRIC trends for Brazil, Russia, India, and China. The Global X Brazil Consumer ETF (NYSE: BRAQ) is set to launch this Thursday. At the…
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The Brazil Consumer ETF seeks to provide investment results that correspond to the price and yield performance of the Solactive Brazil Consumer Index. The index is modeled to reflect the performance of the rapidly growing consumer sector in Brazil.
The index is made up of company securities which have their main business operations in the consumer sector AND which are domiciled in Brazil or which have their main business operations in Brazil.
JON C. OGG
Contact [email protected] for any questions or corrections.
Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.
