Overview
Description
The Investo Teva Tesouro Selic ETF is an exchange-traded fund that focuses on tracking the performance of Brazil's government debt securities, specifically those related to the Selic rate. Its primary function is to provide investors with a vehicle to gain exposure to the yield and interest rate environment shaped by the country's monetary policy. This ETF predominantly invests in Brazilian Treasury bonds, which are tied to the Selic rate, Brazil's benchmark interest rate utilized by the Central Bank to control inflation and influence economic activities.
As the Selic rate is a key economic measure, the Investo Teva Tesouro Selic ETF plays a crucial role in the financial markets by offering a transparent and accessible way for investors to participate in the fixed income market. It impacts sectors sensitive to interest rate changes, including banking, real estate, and consumer goods, given the rate's influence on lending and borrowing costs. This ETF provides a strategic means for both retail and institutional investors to manage interest rate risk and potentially enhance their portfolio's income profile through exposure to government bonds.
About
CEO
Employees
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Address
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Phone
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Website
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Instrument type
Common stock
Sector
Industry
Country
Brazil
MIC code
BVMF