For investors following the buzz and excitement in BRIC
countries--Brazil, Russia, India and China, the following Funds and ETFs are
ways to play the emerging markets:
MSCI BRIC Index: The MSCI BRIC Index is designed to provide an objective
representation of the overall performance of these four emerging markets,
and may be licensed for benchmarking, research, and product development
purposes. Brazil, Russia, China and India are of particular combined
interest to investment professionals because of their economic profiles and
possible long-term growth prospects.
Claymore Investments BRIC ETF, Toronto Stock Exchange: CBQ and (AMEX:
EEB)
Templeton BRIC Fund (NASDAQ: TABRX) - investing at least 80% of its net
assets in securities of "BRIC companies"—those companies that are organized
under the laws of, have a principal office in, or have its principal trading
market in Brazil, Russia, India or China (including the People's Republic of
China, Hong Kong and Taiwan); or derive a significant share of their total
revenue or profit from, or have a significant portion of their assets in,
BRIC countries
iShares MSCI Emerging Markets (EEM)
iShares FTSE/Xinhua China 25 Index (FXI)
Central Europe & Russia Fund Inc. (CEE)
Morgan Stanley India Investment Fund (NYSE: IIF)