Deborah Levine for MarketWatch reports that Dilma Rousseff, Brazil’s first female president, claims she will continue in her predecessor’s footsteps with successful economic policies. She has previously reassured investors that she is not looking to become less business friendly in trying to pursue a domestic agenda, including supporting a rapidly-growing middle class. Likewise, she is interested in continuing the country’s current business cycle.
It seems like there’s little Brazil can do wrong these days. If the president keeps her word about those economic policies and the country’s middle class gets stronger, look to small-caps in particular to ride the wave – Market Vectors Brazil Small-Cap ETF (NYSEArca: BRF) and iShares MSCI Brazil Small Cap Index Fund (NYSEArca: EWZS) are your two options on that front.
Feeling extra bullish? Check out ProShares Ultra MSCI Brazil (NYSEArca: UBR).
Tisha Guerrero contributed to this article.