What does iShares MSCI Brazil ETF do?
iShares MSCI Brazil ETF (NYSE:EWZ) is an exchange-traded fund focusing on tracking the investment results of an index composed of Brazilian equities. This ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the MSCI Brazil 25/50 Index. Operating with the objective to offer investors a portfolio that mirrors the Brazilian market, it primarily invests in large and mid-sized companies across Brazil. The fund is managed with the goal of maximizing exposure to the growth potential of Brazil's economy, aiming to provide investors with a convenient and efficient way to gain broad exposure to the Brazilian stock market. Through its carefully selected portfolio, iShares MSCI Brazil ETF aims to be a vital tool for investors looking to diversify internationally with a focus on emerging markets.