Brazil ETF Still Raking in Cash as Job Market Stays Strong
Posted on October 25, 2012 at 14:08 PM EDT
The iShares MSCI Brazil (NYSEArca: EWZ) is one of the best-selling ETFs this month as hedge funds continue to bet on the emerging market country and its economic growth. In October, EWZ has gathered $679 million of inflows, according to IndexUniverse ETF data. Brazil’s unemployment rate rose...