iShares Bovespa IBrX Index Fund (BRAX11)

Overview

The iShares IBrX-Índice Brasil (IBrX-100) Index Fund, managed by BlackRock Brasil Gestora de Investimentos Ltd., is an exchange-traded fund (ETF) launched on February 22, 2010, with its domicile in Brazil. This ETF aims to offer investors exposure to the Brazilian public equity markets by investing across diversified sectors. It specifically focuses on replicating the performance of the Brasil Index (IBrX-100), an index representing a broad spectrum of companies operating in Brazil across all market capitalizations.

Products and Services

• Exchange Traded Fund (ETF)

  This product offers investors the opportunity to invest in the public equity markets of Brazil. By pooling investments in stocks of companies operating across diversified sectors, the iShares IBrX-Índice Brasil (IBrX-100) Index Fund aims to reflect the economic diversity and potential of Brazil. It caters to investors looking for exposure to Brazilian companies across different industry sectors and market capitalizations.

• Replication of the Brasil Index (IBrX-100)

  The primary service provided by the iShares IBrX-Índice Brasil (IBrX-100) Index Fund is its strategic investment approach aimed at replicating the performance of the Brasil Index (IBrX-100). This involves investing in a portfolio of stocks that represents the composition of the index as closely as possible. It is designed for investors who wish to gain broad-based exposure to the Brazilian stock market through an investment that seeks to mirror the performance of a key benchmark index.