BRIC ETFs Look Really Inexpensive

Buoyed by the leadership of Brazilian and Indian stocks along with the recent resurgence of Chinese stocks, dedicated BRIC exchange funds have posted some solid gains this year. For example, the iShares MSCI BRIC ETF (NYSEArca: BKF) and the SPDR S&P BRIC 40 ETF (NYSEArca: BIK) are up an average...
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