You have to take a longer view with an ETF as an individual investor. You’re basically buying an index and that’s a very easy way to get some diversification.
Brazil is hitting all the sweet spots right now, but that’s not going to happen all the time. Emerging markets have had a great run and the growth in these regions will continue.
Latin America, overall, has been showing nice performance since Jan. 22:
Latin America Discovery Fund (LDF), up 13.8%
iShares S&P Latin America 40 Index (ILF), up 12.1%
iShares MSCI Mexico Index (EWW), up 10.5%