Stockchase Opinions

John DeGoey iShares MSCI Brazil Index ETF XBZ-T BUY Dec 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.
$16.500

Stock price when the opinion was issued

E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

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.
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

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.

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.