Overview
Description
It Now Ibovespa Fundo de Índice is an exchange-traded fund (ETF) designed to track the performance of the Ibovespa Index, which is the benchmark stock index of Brazil. The primary purpose of this ETF is to provide investors with a diversified portfolio that reflects the composition and performance of the top companies listed on the B3, the main stock exchange in Brazil. By investing in It Now Ibovespa Fundo de Índice, participants gain exposure to a wide array of industries, including finance, energy, telecommunications, and consumer goods, that dominate the Brazilian economy.
It Now Ibovespa Fundo de Índice plays a significant role in allowing both domestic and international investors to access the Brazilian equity market through a single investment vehicle. The ETF delivers a cost-effective and lower-maintenance alternative to directly purchasing individual Brazilian stocks. It is especially useful for those looking to achieve both geographical diversification and sectoral diversity within an investment portfolio. This role as a convenient gateway to the Brazilian market also aids in liquidity and broad participation in the nation's economic growth through equity investments.
About
CEO
Employees
0
Address
Praca Alfredo Egydio De Souza Aranha, 100
Torre Conceicao, 11Th Floor
Sao Paulo, 4344-902, SP
Brazil
Torre Conceicao, 11Th Floor
Sao Paulo, 4344-902, SP
Brazil
Phone
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Website
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Instrument type
Common stock
Sector
Industry
Country
Brazil
MIC code
BVMF