Brazil Equity

Brazil equity mutual funds and ETFs own securities listed on the Sao... Brazil equity mutual funds and ETFs own securities listed on the Sao Paulo Stock Exchange and the B3 S.A. (Brasil, Bolsa, Balcao). The most well-known exchange is the Bovespa Index which is a market capitalization-weighted index composed of the largest stocks on the market. Brazil equity mutual funds and ETFs tend to have large weightings in financials, materials, and industrials. Some of the largest companies include Vale, Inbev, and Itau Unibanco. These funds may be passively or actively managed. They may also leave currency exposure unhedged, or choose to protect the portfolio from swings in the value of the Real. The Brazilian economy, the world’s 12th largest by nominal Gross Domestic Product as of 2022, is characterized by the production and export of natural resources, high per capita incomes relative to other Latin American nations, and a large manufacturing base. Investment as a share of GDP was 19.3% as of 2022, slightly above the long-term average of 18.2% going back to 1995. Iron ore, soybeans, and petroleum are key exports. As an emerging market economy, Brazil equity mutual funds and ETFs are often purchased by more aggressive-minded investors. Last Updated: 01/23/2025 View more View less

Brazil equity mutual funds and ETFs own securities listed on the Sao Paulo Stock Exchange and the B3 S.A. (Brasil, Bolsa, Balcao). The most well-known exchange is the Bovespa Index which is a... Brazil equity mutual funds and ETFs own securities listed on the Sao Paulo Stock Exchange and the B3 S.A. (Brasil, Bolsa, Balcao). The most well-known exchange is the Bovespa Index which is a market capitalization-weighted index composed of the largest stocks on the market. Brazil equity mutual funds and ETFs tend to have large weightings in financials, materials, and industrials. Some of the largest companies include Vale, Inbev, and Itau Unibanco. These funds may be passively or actively managed. They may also leave currency exposure unhedged, or choose to protect the portfolio from swings in the value of the Real. The Brazilian economy, the world’s 12th largest by nominal Gross Domestic Product as of 2022, is characterized by the production and export of natural resources, high per capita incomes relative to other Latin American nations, and a large manufacturing base. Investment as a share of GDP was 19.3% as of 2022, slightly above the long-term average of 18.2% going back to 1995. Iron ore, soybeans, and petroleum are key exports. As an emerging market economy, Brazil equity mutual funds and ETFs are often purchased by more aggressive-minded investors. Last Updated: 01/23/2025 View more View less