Moise Levi

Unfortunately, There's an "I" in BRIC (and a "C")

The main problem with BRIC ; its a marketing tool used by the financial institutions.
After 18 years working for banks (mostly Swiss), I understood one thing very clearly ; banks are experts at marketing.
If you travel to Brazil, you will quickly find out that it has nothing to do with China or India .....
But the marketeers .......have to sell you something "fashionable".
Now the marketeers came out with "Frontier markets" .......

Focus on country selection.
If you are long oil ; then Brazil and Russia make sense.
If you are long gold , then a south African index is the way to do it.