Emerging Market ETFs: Brazil

This short article is the second installment in my Emerging Market ETFs series. The series aims to provide targeted investment options for emerging market investors. If you would like to read my recent article on Chinese exchange traded funds, you can find it here. Below, I will introduce four exchange traded funds that offer investors exposure to infrastructure, the consumer space, large-caps, and small-caps.

EGShares Brazil Infrastructure ETF (BRXX)

For investors looking for exposure to Brazil's organic urban growth, the EGShares Brazil Infrastructure ETF should do the trick. The fund was designed to replicate the performance of the Indxx Brazil Infrastructure Index. The fund is composed of 30 different holdings with an average market capitalization of $13.33 billion. The current expense cap 0.85%. The current sector breakdown is as follows:

Sector	% of Fund
Utilities	33.85
Industrials	23.04
Basic Materials	13.97
Telecommunications	13.48
Financials	11.52
Consumer Services	2.70
Consumer Goods	1.02

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The fund includes exposure to the metal miners, energy and power producers, transportation, utility, and water companies. Over the next few years, Brazil is expected to increase infrastructure spending substantially in preparation for the World Cup and Olympic games. The current industry breakdown is as follows:

Industry	% of Fund
Electricity	18.78
Gas, Water & Multiutilities	15.08
Real Estate Investment & Services	11.52
Industrial Transportation	10.51
Fixed Line Telecommunications	9.29
Industrial Metals & Mining	8.88
Mining	5.08
Aerospace & Defense	4.97
Mobile Telecommunications	4.19

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Be aware that the volume for the fund is light compared to its counterparts.

Global X Brazil Consumer ETF (BRAQ)

For investors looking for exposure to the consumer sector within Brazil, the Global X Brazil Consumer ETF will offer this exposure. The fund was designed to replicate the performance of the Solactive Brazil Consumer Index. The fund is composed of