Management of the Amazonia fires crisis as well as growing tensions with France are pulling down the ETFs included in the TrackInsight segment of Brazilian Stocks by -2,31% on average on Monday, August 26th. The recent decisions of the Brazilian president Jair Bolsonaro concerning the fires that are ravaging the Amazonia are insufficient for most of the observers, and it looks like the Brazilian stocks market is reacting to this. Moreover, tensions have increased between the French president Emmanuel Macron and Bolsonaro while the latter insulted Macron’s wife and insinuated that the G7 countries had a “colonialist mind-set”. The last month has seen the ETFs of the segment lose 13,27%, giving investors a year-to-date return of “only” +3,98% as of Monday. 25 ETFs are tracking 14 indices related to Brazilian Stocks, and they gather a total of $13,25Bn of assets under management.