BRAZ

Global X Brazil Active ETF

$28.12

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Global X Brazil Active ETF (BRAZ) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Brazilian equity market.

Overview

ETF tracking Global X Brazil Active ETF

Category International

Issuer Other

Inception Date 2023-08-18

Market Cap $7.6M

Average Volume N/A

Dividend Yield 2.61%

52-Week Range $19.48 - $28.34

VWAP $28.29

Performance

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Investment Summary

📎 Investment Objective

The Global X Brazil Active ETF (BRAZ) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Brazilian equity market.

🎯 Investment Strategy

The fund invests primarily in a portfolio of Brazilian equity securities, with the goal of outperforming the broader Brazilian stock market. The portfolio is actively managed, with the fund's investment advisor using fundamental analysis to select individual stocks.

✨ Key Features

Focuses on equities of companies domiciled in or economically tied to Brazil
Actively managed portfolio aiming to outperform the broader Brazilian market
Provides exposure to the growth potential of the Brazilian economy
Relatively concentrated portfolio of 30-50 individual stocks

⚠️ Primary Risks

Exposure to a single country, making the fund vulnerable to political, economic, and regulatory changes in Brazil
Higher volatility compared to more diversified international or global equity funds
Potential for underperformance relative to the broader Brazilian market if the fund's active management strategy is not successful
Currency risk as the fund's returns are subject to fluctuations in the value of the Brazilian real

👤 Best For

The Global X Brazil Active ETF may be suitable for investors seeking exposure to the growth potential of the Brazilian equity market as part of a diversified international portfolio. However, due to the fund's concentration and higher volatility, it is generally more appropriate for investors with a higher risk tolerance and a longer investment horizon.