I like the story on this one but it has preformed very poorly over the short period I have owned it. How can they continue to pay a .98 divi if they are only earning .96?
I think they actually lost money last year ... I would appreciate some comments.....
I've been accumulating BRXX and plan to buy more as it's come down near its 52-week low. That's the kind of pricing I like to buy at. Brazil possesses enormous economic and political pressure to improve its infrastructure. My investment in this constitutes the risk portion of my portfolio, but I've found that taking risk via ETFs is much better than taking risk via individual stocks. Below is an excellent article I found an hour before writing this. The headline is: Picking satellites to revolve around your core. As long as you're in with your eyes wide open, patience in investing can be a virtue. It sure proved out with my VNQI shares, bought in the low and mid 40s and now nearing mid 50s, plus the dividend. I'm hopeful for similar results over time with BRXX. Best of luck.
EXCERPT: Good vehicles to capture this growth include the EGShares Brazil Infrastructure Index fund and the PowerShares FTSE RAFI Pacific ex-Japan Portfolio. The latter fund excludes Japan, which will continue to struggle.
I agree. Put it this way, Brazil infrastructure has no where to go but UP. I know, emerging markets are all over the place right now..lowering GDP etc. But long-haul hang tight, collect the dividend and come 2014-2015 you'll see a spike.