Companies and Brands

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 launch, the top 13 holdings will have a weighting of about 4.75% each.  Some of the big stocks that have ADRs trading here in America which are part of the index are as follows: Companhia de Bebidas Das Americas (AMBEV) (NYSE: ABV), BRF – Brasil Foods S.A. (NYSE: BRFS), and Gafisa S.A. (NYSE: GFA).  There are others of course, and some of the securities listed as part of the index do seem to be preferred shares rather than just the common shares.

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

Credit Card Companies Are Doing Something Nuts

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It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today.  Don’t miss these offers because they won’t be this good forever.

 

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

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