Brazil Bond

Brazil bond mutual funds and ETFs invest the majority of their assets... Brazil bond mutual funds and ETFs invest the majority of their assets in government and corporate debt of governments and corporations in Brazil. These funds can be actively or passively managed and may seek to track or outperform a particular benchmark. They may hedge foreign currency risk, or elect to leave themselves exposed to fluctuations in the Brazilian Real. Depending on their mandate, a Brazil bond mutual fund or ETF may focus on investment-grade bonds, high-yield (a.k.a. junk bonds), or a mix of credit quality. Government is the largest issuer of debt in Brazil at 87% of GDP as of 2024. Investors purchase Brazil bond mutual funds and ETFs to get both capital growth and income. These funds can vary significantly in terms of risk. A fund that exclusively invests in short-term Brazilian government debt is likely to be more conservative than a fund that only invests in high-yield infrastructure debt, for example. Last Updated: 07/26/2024 View more View less

Brazil bond mutual funds and ETFs invest the majority of their assets in government and corporate debt of governments and corporations in Brazil. These funds can be actively or passively managed and may... Brazil bond mutual funds and ETFs invest the majority of their assets in government and corporate debt of governments and corporations in Brazil. These funds can be actively or passively managed and may seek to track or outperform a particular benchmark. They may hedge foreign currency risk, or elect to leave themselves exposed to fluctuations in the Brazilian Real. Depending on their mandate, a Brazil bond mutual fund or ETF may focus on investment-grade bonds, high-yield (a.k.a. junk bonds), or a mix of credit quality. Government is the largest issuer of debt in Brazil at 87% of GDP as of 2024. Investors purchase Brazil bond mutual funds and ETFs to get both capital growth and income. These funds can vary significantly in terms of risk. A fund that exclusively invests in short-term Brazilian government debt is likely to be more conservative than a fund that only invests in high-yield infrastructure debt, for example. Last Updated: 07/26/2024 View more View less