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Another BRIC in the ETF wall

US-based Emerging Global Advisors has followed up its launch of a China Infrastructure fund with launch of a Brazil Infrastructure fund. The EFT tracks the performance of the Indxx Brazil Infrastructure Index, which is made up of 30 listed infrastructure firms. This includes Centrais Eletricas Brasileiras, Vale and Brasil Telecom. The ETF will be NYSE listed. The average market cap…

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