ETFs exposed to Brazilian stocks rallied this Thursday, May 21st after the national Central Bank President Roberto Campos Neto detailed his plan to support the real currency, which lost 30% against the U.S. dollar this year. Brazil has been the world’s hardest-hit equity market during the Coronavirus crisis and seems to be the ideal bounce-back candidate, according to Goldman Sachs strategists. Brazilian stocks ETFs would thus represent a relatively cheap opportunity to gain exposure to this market which could benefit from an increased appetite for risky assets and a rebound in commodity prices during the second half of the year. Even though the Brazil large and mid-cap stocks segment on TrackInsight jumped by 3,32% yesterday, this cluster of 16 ETFs is still down by 46% year-to-date. With investors withdrawing almost $1,3 bn of net assets, the assets under management in this segment have more than halved in 2020, falling from $12,4 Bn to $5,1 Bn.