Bovespa

Brazil is often touted as a major consumer market of the future now that the middle classes are expanding and spending more. But Brazil’s benchmark index, the Bovespa, is hardly a pure play on this theme.

Basic materials, mining and oil and gas firms comprise almost 40% of the index. So sentiment towards commodities and China, a key buyer of Brazilian raw materials, is a major influence on this Brazilian index.

Financials, consumer goods and consumer services, all of which reflect consumption, collectively account for 46%. Industrials and telecoms, both worth around 3.5% of the index, complete the sectoral breakdown.

• See Tim Bennett’s video tutorial: What is an index?

 

MoneyWeek magazine

Latest issue:

Magazine cover
Don't be spooked by Putin

Take a punt on eastern Europe

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

More from MoneyWeek

FREE REPORT:
What you should really do with your money (2014 Edition)


How to buy and sell penny shares

A beginner's guide to investing in gold

How to invest in British fracking

Which investment platform?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from. They all offer various fee structures to suit individual investing habits.
Find out which one is best for you.