Global X Funds Global X Brazil Active ETFGlobal X Funds Global X Brazil Active ETFGlobal X Funds Global X Brazil Active ETF

Global X Funds Global X Brazil Active ETF

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Key stats


Assets under management (AUM)
‪3.09 M‬USD
Fund flows (1Y)
‪514.55 K‬USD
Dividend yield (indicated)
3.86%
Discount/Premium to NAV
0.2%

About Global X Funds Global X Brazil Active ETF


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Expense ratio
0.75%
Inception date
Aug 16, 2023
Index tracked
No Underlying Index
Management style
Active
BRAZ is a country specific fund, focusing on long-term capital appreciation through Brazilian stocks. Brazil is one of the largest countries, in terms of population and GDP, within the emerging market economies. The country is perceived to have favorable demographic trends, abundant natural resources, and market-friendly political reforms. Portfolio development begins with a proprietary quantitative screening process to identify the investable universe. Then using bottom-up analysis, analysts compile a recommendation list of their highest-conviction stocks within each sector. An investment team determines the model portfolio. Based on a combination of this information and using a four- to five-year investment horizon for growth, portfolio managers construct the underlying portfolio of 20-30 stocks. The fund expects to invest in a broad range of sectors, but may hold 25% or more in a particular sector. All positions are actively managed, balancing both growth and return profiles.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of December 11, 2024
Exposure type
StocksBonds, Cash & Other
Finance
Energy Minerals
Non-Energy Minerals
Stocks93.29%
Finance21.99%
Energy Minerals17.16%
Non-Energy Minerals10.17%
Technology Services9.84%
Utilities8.04%
Producer Manufacturing7.92%
Retail Trade5.76%
Consumer Non-Durables3.33%
Process Industries3.00%
Consumer Durables2.12%
Consumer Services2.02%
Transportation1.95%
Bonds, Cash & Other6.71%
UNIT3.96%
ETF2.01%
Cash0.74%
Stock breakdown by region
40%59%
North America59.34%
Latin America40.66%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows