Although the approval rating for Rousseff’s government fell to 32.9% this month from 36.4% in April, one issue for investors to watch is if any of her challengers can actually beat her. While Rousseff’s current support levels are far from impressive, challengers Aécio Neves and Eduardo Campos only showed support levels of 21.6% and 11.8% in the MDA poll, Reuters reported.
EWZ is higher by nearly 20% over the past 90 days, but only recently have investors been warming to the largest single-country ETF tracking a Latin American economy.
Since April 15, EWZ has pulled in $317.5 million in new assets after losing $158.4 million in assets in the first quarter. Still, the recent inflows to EWZ are not even half the amount pulled from the ETF in the March 3 through April 15 period. [Brazil ETF Finally Sees Inflows]
iShares MSCI Brazil Capped ETF
