The strengthening real has also boosted the iShares MSCI Brazil Index Fund (NYSEArca: EWZ), which does not hedge against currency risks. EWZ is up 5.9% over the past month. Moreover, rising oil prices are also supporting the Brazil ETF’s outlook. [Oil ETF Jumps on Fiscal Cliff Deal Speculation]
WisdomTree Dreyfus Brazilian Real Fund
For more information on real currency, visit our Brazilian real category.
Max Chen contributed to this article.