Introducing Twelve Converter! Real-time currency rates at your fingertips. Available on Android, iOS soon!

B5P211

96.57000 BRL
0.07
0.07%
Last update Jul 16, 4:51 PM -03
Market closed
Day range
96.5
96.75
Previous close
96.64000
Open
96.64000
Access this stock data via API
Subscribe
IT Now ETF IMA-B5 P2 Mutual Fund
96.57
0.07
0.07%

Overview

Description

The IT Now ETF IMA-B5 P2 is a mutual fund designed to offer investors exposure to the Brazilian financial markets with specific reference to the IMA-B5 Index. This index tracks the performance of inflation-linked government bonds in Brazil with up to five-year maturities, providing investors with a means to hedge against inflation while seeking capital appreciation. As an exchange-traded fund, the IT Now ETF IMA-B5 P2 allows for greater liquidity and flexibility compared to traditional mutual funds, enabling investors to buy and sell shares on the B3 exchange during trading hours. The fund plays a crucial role in the fixed-income segment of the financial market, focusing particularly on inflation-linked securities, a vital component for portfolio diversification. It is especially relevant in times of economic uncertainty or rising inflation, where investors seek to preserve purchasing power. The ETF impacts sectors heavily dependent on interest rate movements, offering financial managers and individual investors a strategic tool to balance risks associated with inflation and interest rate fluctuations in Brazil.

About

CEO
Employees
0
Address
Praca Alfredo Egydio De Souza Aranha, 100
Torre Conceicao, 11Th Floor
Sao Paulo, 4344-902, SP
Brazil
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
Brazil
MIC code
BVMF
Market closed

Exchange is currently closed
Pre-market opens in 15 hours 34 minutes

18:10
00:00
10:00
18:00
23:59

Trading Hours (Monday - Friday):

Pre-market
09:45 - 10:00
Main market
10:00 - 18:00
All times are displayed in the America/Paramaribo timezone (-03, UTC-03:00).