iShares MSCI Brazil UCITS ETF (DE)
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General Objective
The fund seeks to track the performance of an index composed of Brazilian companies, providing investors with diversified exposure to Brazilian companies through direct investment into a broad range of companies within the country.
Fund Exposure
The fund is primarily exposed to equity asset class with a benchmark of MSCI Brazil Index Net USD. It focuses on investing in Brazilian companies, with the top 10 holdings including NU Holdings Ltd Class A, CIA Vale Do Rio Doce, and Itau Unibanco Holding Pref SA. The fund has a sector breakdown that includes financials, materials, and energy, with a geographic breakdown mainly focused on Brazil.
Risks
Investors should be aware of the risks associated with investing in this fund, including emerging market sensitivity to economic and political conditions, liquidity risk, currency risk due to investments in other currencies, and concentration risk in specific sectors, countries, or companies. Additionally, there is counterparty risk in case of insolvency of institutions providing services to the fund.