Stockchase Opinions

John DeGoeyiShares MSCI Brazil Index ETFXBZ.TOBUYDec 20, 2011

Prefers a Canadian product even though they cost more than US products but you don’t have to worry about currency fluctuations and there is simplified tax reporting.
$16.50

Stock price when the opinion was issued

E.T.F.'s
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DON'T BUY

The risk on this is that it is Brazil. You have a very difficult situation there with the Pres. of Brazil. Not something he would be involved in. Brazil is very much like Canada; it is very resource dependent. However, there is also an overlay of corruption issues.

BUY

Owns EWZ-N so it is a way to own it in Canadian dollars. If you are an active trader you would prefer this one to EWZ-T.

COMMENT
Brazil Index ETF. He is always hesitant on Brazil because it is a materials and energy-based economy, which we already have in Canada. Nothing wrong with it except that you probably have this as the class already covered.
BUY
Brazil Index ETF (XBZ-T) and India ETF (XID-T). Big booster of emerging markets and it is a question of how you want to go, individual countries like these, a basket of 4 (BRIC) or a very wide diversified group. His bias is towards more, but if you feel strongly about individual countries, that is fine.