Business » Finance
Author`s name Alex Naumov

BRIC EFTs Now Being Put to the Test

By Tom Lydon

The BRIC (Brazil, Russia, India, China) economies are some of the fastest-growing in the world, but which focused exchange traded fund (ETF) is better?

Once thought to be de-coupled from the rest of the world, BRIC ETFs hit the market with major investor interest, and although there’s a downtrend showing through right now, these funds are still useful in the long run for diversification and portfolio allocation, reports Jonathon Bernstein for ETFZone.

The ETFs are closely correlated to the U.S. benchmarks, however, their performance has nothing to do with this, so they are still a useful diversification tool. China is growing at around 10% per year, India is growing at 8-9%, Brazil and Russia 5-7%. These rates are not constant, and of course depend on healthy participation of Western economies, as well as the rest of the world.

Allocation by country is different in each fund, while China and Brazil dominate 65-85% in each, and India and Russia get honorable mentions, but scant exposure. Industry allocation is more similar as industrial, energy, telecommunications and financials at the forefront.

After the downturn, some of the BRIC countries will likely recover better than others. Some might be in for long-term damage recovery, while others should rebound nicely.

Either way, we use trends to identify what areas are moving, and for the time being, the trend in these funds is down along with the rest of the globe.

Click here to see detailed tables.

Representatives of the North Korean administration issued a statement saying that the United States and its allies have lost the "political and military confrontation" to the DPRK

North Korea declares victory over USA

In recent years, genetics has become a cutting-edge science, not only in the professional field of biology, but also because of the enormous social reach of its discoveries and approaches. Not in vain, practically every day the press offers us the discovery of a new gene, a new hereditary determinant directly involved in the manifestation of diseases or physical characteristics.

The Myth of the Gene: Genetics, Epigenetics and the Organism-Environment Loop
Comments
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Donbass without militia will be worse than Srebrenica - Putin
USA no longer wants Bashar Assad to go
Putin to Sobchak: We will never let them turn Russia into another Ukraine
North Korea declares victory over USA
Visit to Moscow: Tillerson takes secret offer for Putin
Turkish President Erdogan issues ultimatum to Washington and Brussels
The need for a Global Political Agenda 2018
Pentagon can not accept Russia's victory over terrorists in Syria
Pentagon can not accept Russia's victory over terrorists in Syria
Putin: Russia will continue spending enough on defence not to be killed
Italy: Free fall
Tel Aviv, Jerusalem, capitals and puppets
North Korea declares victory over USA
The Myth of the Gene: Genetics, Epigenetics and the Organism-Environment Loop
Russia unveils the date for the launch of the superbridge to Crimea
The Myth of the Gene: Genetics, Epigenetics and the Organism-Environment Loop
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin: Russia will continue spending enough on defence not to be killed
The Myth of the Gene: Genetics, Epigenetics and the Organism-Environment Loop