NYSE ARCA | ETF
The fund is an actively managed exchange traded fund ("ETF") advised by Global X Management Company LLC (the "Adviser") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities: (i) of issuers domiciled in Brazil; and/or (ii) that are tied economically to Brazil.
The fund is non-diversified.
Top 10 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| PBR | Petroleo Brasileiro Petrobras SA ADR | Energy | Oil & Gas Integrated | 10.55% |
| VALE | Vale SA ADR | Basic Materials | Other Industrial Metals & Mining | 9.70% |
| ITUB | Itau Unibanco Banco Holding SA | Financial Services | Banks - Regional | 8.45% |
| PRIO3 | Petro Rio S.A. | Energy | Oil & Gas E&P | 5.97% |
| BBD | Banco Bradesco SA ADR | Financial Services | Banks - Regional | 5.53% |
| ITSA4 | ITSA4 | 4.54% | ||
| RENT3 | Localiza Rent a Car S.A | Industrials | Rental & Leasing Services | 4.40% |
| RRRP3 | 3R Petroleum Óleo e Gás S.A | Energy | Oil & Gas E&P | 4.03% |
| EBR | Centrais Electricas Brasileiras SA | Utilities | Utilities - Renewable | 3.67% |
| RADL3 | Raia Drogasil S.A | Healthcare | Pharmaceutical Retailers | 3.62% |