It Now IFNC Index Fund ETF

To achieve its objective, the Fund’s strategy will be to invest at least 95% of its assets in stocks comprising the IFNC, in any proportion, or in positions purchased on the Index's future market, so as to reflect the variation and the profitability of the IFNC, taking into consideration the limits and requirements laid down in the Fund's Bylaws. In the remaining 5% of its portfolio, the Fund may hold stocks and other assets that are not included in the IFNC, provided that they are Permitted Investments.

Key stats

Management firm  Banco Itaucard SA
Domicile  Brazil
Fund Administrator  Banco Itaucard SA
Global Branding Name  Itau
Fund currency  BRL
Net Assets Date  2014-09-30
Net Assets  R29,026,068
Launch Date  2011-04-01
ISIN  BRFINDCTF007
SEDOL  B5ZR4J7
Manager 1 Name  Not Disclosed
Fund Strategy  Brazil Large-Cap Equity
Benchmark  BOVESPA Financial
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-09-30
Return - 1 Month  -13.44%
Return - 2 Months  -1.82 %
Return - 3 Months  2.87%
Return - 6 Months  12.53 %
Return - 9 months  19.96 %
Return - 12 Months  17.54%
Annualized return 24 months  16.06 %
Annualized return 36 months  16.83 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  7.69%
Return YTD  19.96%

Ratings

Morning Star Rating Date   2014-09-30
Morning Star Rating - 36 Months  fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating
Morning Star Rating - Overall  fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating

Charges

Initial  0.00 %
Maximum Managment Charge  0.60 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Alameda Pedro Calil, 43
Contact Address 2  Vila das Acácias
Contact city  Poa
Contact country  Brazil
Fund Admin Group  Banco Itaucard SA
Web Address  www.itau.com.br
Email contact  relacoes.investidores@itau.com.br
Custodian  Itaú Unibanco SA

Price

Last Price Date  2014-10-28
Pre-tax nav  47.77
Pre-tax offer  47.72
Pre-tax bid  38.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  R2.24
Price change (percentage)  4.92 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
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