Global X Brazil Active ETF (BRAZ)
ARCA ARCA Primary Summary
BRAZ Chart
Value in Latin America's Giant? Opportunities in Brazil
South Korea and Taiwan are grabbing the majority of financial news headlines when it comes to international exposure, but a peek inside Latin America reveals potential opportunities. Brazil, in particular, could be offering investors ample value in both equities and bonds beyond those aforementioned countries already benefiting from the artificial intelligence (AI) buildout.
Global X Brazil Active ETF (BRAZ) FAQ
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Does it pay dividends? What is the current yield?
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Has Global X Brazil Active ETF ever had a stock split?
Global X Brazil Active ETF Profile
| ARCA Exchange | US Country |
Overview
The fund, managed by Global X Management Company LLC, operates as an actively managed exchange traded fund (ETF) that primarily focuses on the Brazilian market. Its investment strategy centers around allocating at least 80% of its net assets, in addition to any borrowings for investment purposes, in equity securities of issuers that are either domiciled in Brazil or have a significant economic tie to Brazil. This fund is characterized by its non-diversified status, meaning it may invest a larger portion of its assets in fewer issuers compared to a diversified fund.
Products and Services
- Actively Managed ETFs
This product is an exchange-traded fund that is actively managed by financial professionals. Unlike passively managed ETFs that track a specific index, this fund's management team makes decisions on the buying and selling of portfolio securities in an effort to achieve the fund's investment objective.
- Brazil-focused Equity Investments
The fund invests primarily in equity securities of issuers that are either based in Brazil or have their economic activities significantly tied to Brazil. This focus caters to investors seeking exposure to Brazilian markets and aims to capture the growth potential within this emerging market.
- Non-diversified Investment Strategy
As a non-diversified fund, it does not adhere to the diversification standard usually applied to mutual funds in the United States. This strategy allows the fund to concentrate its investments in a smaller number of issuers, potentially increasing its vulnerability to single economic, political, or regulatory occurrences in comparison to diversified funds. However, it also offers the possibility of larger gains from those concentrated investments.
