Investors Sidestep Brazil in Latin American ETFs
Posted on February 13, 2013 at 09:43 AM EST
BRIC nation Brazil is being avoided by ETF investors in Latin American funds as they favor better-performing countries such as Mexico with stronger economic growth. For example, iShares MSCI Mexico (NYSEArca: EWW) is up 22.5% the past year while iShares MSCI Brazil (NYSEArca: EWZ) has lost 14.5%,...