This is only exacerbated by the Brazilian real sitting at historic lows despite a recent rally. Economists emphasize that a credible four-year adjustment plan targeting primary surpluses could help anchor the Brazilian real and stabilize net debt. Broad-market exposure across large- and mid-cap Brazilian equities is also offered cost-effectively through the Franklin FTSE Brazil ETF (FLBR). Additionally, the Global X Brazil Active ETF (BRAZ) utilizes active management to navigate high-conviction opportunities and sectoral rotations within the Brazilian market. Integrating Brazil and Single-Country ExposureIntegrating Brazil into a global allocation requires balancing tactical upside against fiscal policy execution.