Allianz RCM Brazil Fund: so much more than you imagine
Think of Brazil and you might conjure up images of the Copacabana Beach, Carnival, the Amazon rainforest – or even the wizardry of their world-famous football team. Rarely, though, would it be in the context of an outstanding investment opportunity.
Brazil is already the world’s ninth largest economy, and its GDP is predicted to overtake the UK’s as early as 2012*. By 2050 this Latin American giant is projected to rank fourth globally in terms of GDP**.
It is no exaggeration to say that the country is rapidly becoming a financial colossus. With a thriving middle class, Brazil is seeing a surge in consumerism, greatly increasing domestic demand.
*www.cebr.com. **Goldman Sachs, May 2009.
