Friday, April 23, 2010

Bookkeeping: Closing Market Vectors Brazil Small Cap (BRF)

This ETF has done nothing for a long time.  There are no trading opportunities.  It is not doing us any harm... nor good. 

Since I've added some new positions of late, and I want to keep portfolio position numbers finite, I will sell the 0.5% stake in  Market Vectors Brazil Small Cap (BRF) and wait for a time it begins to work again.   We've held this name since October 2009 - exiting this last small piece at "flat".

No position

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