Brazilian Election Lifts Leveraged Latin America ETF

FAN Editor

This article was originally published on ETFTrends.com.

The Latin America-focused Direxion Daily Latin America Bull 3X ETF (NYSEArca: LBJ) closed Monday’s trading session up 12.65% thanks to the first round of Brazil’s presidential election, which saw far-right presidential candidate Jair Bolsonaro take the early lead. It was a much-needed boost for LBJ, which has been down over 30% year-to-date, but up 14.17% […]

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