The investment seeks investment results that correspond to the price and yield performance of the FTSE Brazil Infrastructure Extended Index.
The fund seeks to achieve its investment objective by attempting to replicate the portfolio of the BRXX underlying index through investments in equity securities, including, but not limited to, common shares traded on local exchanges, ADR and GDRs. The index is designed to represent the performance of the 30 largest Brazilian companies ranked by full market capitalization that FTSE International Limited determines to be representative of Brazil's infrastructure industries. The fund is non-diversified.
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