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This exchange-traded fund endeavors to replicate the performance of the FTSE Brazil RIC Capped Index (also known as the FTSE Brazil Capped Index), without considering any associated fees and expenses.
Is FLBR's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Brazil's main stock market index dropped to a two-month low after President Luiz Inácio Lula da Silva secured a surprise victory in the presidential election runoff.
Brazil's markets and currency plungedMonday in the aftermath of leftist President Luiz Inácio Lula da Silva's reelection victory, prompting a temporary halt in trading in the South American country.
Nur Cristiani, head of Latin America investment strategy at JPMorgan Private Bank, examines the market implications of the Brazilian election after President Luiz Inácio Lula da Silva pulled off a stunning comeback to defeat Flávio Bolsonaro, the right-wing candidate that many investors preferred. She speaks on “Bloomberg Surveillance.
I am bullish on the Franklin FTSE Brazil ETF after its post-election plunge, citing exceptionally low valuation and commodity strength. FLBR now trades near long-term support at $20, with a cheap 8.3x earnings multiple and a solid 10.5% EPS growth rate. The FLBR ETF is overweight Financials and Energy, benefiting from higher rates and commodity prices, while tech exposure is minimal.
Brazil-focused ETFs face a volatile U.S. session after President Luiz Inácio Lula da Silva defeated Senator Flávio Bolsonaro in Sunday's presidential runoff, challenging investor expectations of a political shift and more orthodox fiscal policies. The iShares MSCI Brazil ETF (NYSE:EWZ) and Franklin FTSE Brazil ETF (NYSE:FLBR) plunged 27.3% AND 21.6% in premarket trading, Monday.