By Thomas Smith, Co-Head of Emerging Market Equities
With just three days until the first round of the Brazilian presidential election, the most likely scenario is that right wing candidate Jair Bolsonaro & left wing candidate Fernando Haddad will progress to the second round on 28 October.
The value of an investment and any income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the original amount invested. References to specific sectors are for illustration purposes only and should not be taken as a solicitation to buy or sell these sectors. Please remember that forecasts are not a reliable indicator of future performance. The content of this is formed from Neptune’s views as at the date of issue. We do not undertake to advise you as to any change of our views. Neptune does not give investment advice and only provides information on Neptune products. Please refer to the Prospectus for further details.