Thursday, May 14, 2009

What Happened Today

Anyone know the cause of this ETF falling more than $4 today, 10/19?
Had a similar bad stretch a few months ago, but it bounced back.
Other Latin American or Brazil funds did okay today or not as badly.
Input appreciated.I am in the same boat. My understanding is that this ETF corresponds to Brazil's index and has different triggers than the Dow. I have
seen the past the Net Asset Value (NAV) differ from the price,
sometimes as much as 2%. Then it seems to snap back the next day
(after the NAV is updated). Maybe this will happen on Monday.
adrforum

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