Nov 11/15 – BRIC fund getting wound down – time to buy?

Almost fifteen years ago, Goldman Sach’s Jim O’Neil coined the term “BRIC” to describe the up and coming economies of Brazil, Russia, India and China. I doubt Jim had any clue how popular the term would ultimately become…

And with that popularity came the trendy specialized funds. But like all fame, it eventually fades. Especially when performance lags.