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)
‪3.30 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
3.59%
Discount/Premium to NAV
2.5%

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 May 1, 2024
Exposure type
StocksBonds, Cash & Other
Finance
Energy Minerals
Non-Energy Minerals
Stocks94.72%
Finance28.87%
Energy Minerals20.50%
Non-Energy Minerals10.25%
Retail Trade6.59%
Utilities5.58%
Producer Manufacturing5.40%
Consumer Non-Durables4.16%
Process Industries2.86%
Technology Services2.67%
Health Technology2.12%
Consumer Services2.05%
Consumer Durables1.97%
Transportation1.71%
Bonds, Cash & Other5.28%
UNIT3.56%
ETF1.06%
Cash0.66%
Stock breakdown by region
47%52%
North America52.35%
Latin America47.65%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows