ETF Sage
Canadian ETF knowledgebase
ETF Sage
Canadian ETF knowledgebase
The fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the MSCI Brazil Index, net of expenses.
The investment strategy of XBZ is to invest primarily in shares of a U.S. iShares Fund (iShares MSCI Brazil Capped ETF) that seeks investment results that correspond generally to the applicable index.
The MSCI Brazil 25/50 Index is designed to measure the performance of the large and mid cap segments of the Brazilian market.
It applies certain investment limits that are imposed on regulated investment companies, or RICs, under the current US Internal Revenue Code.
With 80 constituents, the index covers approximately 85% of the free floatadjusted market capitalization in Brazil.
| Fundamentals | |
|---|---|
| Category (main) | Brazil Equity - Large & Mid Cap |
Underlying Index  |
MSCI Brazil 25/50 Index |
| ETF Structure | Passive type. Endeavours to return the Index return before fees/costs |
| Asset Class |
Equity - Large & Mid Cap |
| Region |
Brazil |
| Issuer | iShares Canada by Blackrock |
| ETF Home Page | Available here |
| Fund Facts | |
|---|---|
| Inception Date | 21 Jan 2010 |
| Total Holdings |
1 (83) * |
Distribution Frequency  |
Semi-Annual |
| Leverage |
None |
| Significant Currency Exposure
|
Yes |
| Currency Hedging
|
No |
* The US iShares MSCI Brazil Capped ETF has 83 holdings (May 2013)
| Fees | |
|---|---|
| Management Fee |
0.75% |
| Management Expense Ratio (MER) |
0.77% |
| Trading Information | |
|---|---|
| Ticker | XBZ |
| Exchange |
TSX (Toronto Stock Exchange) |
| Currency |
CAD |
| Eligibility | |
|---|---|
| Eligibility * |
RRSP, RRIF, RESP, TFSA, DPSP, RDSP |
| DRIP available ** |
Yes |
| PACC Plan available ** |
No |
| SWP available ** |
No |
* Always check eligibility with your plan operator as plans and accounts can differ
** Not all brokers can facilitate these plans. Check with your broker.
To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:
iShares US includes a wealth of data on the iShares MSCI Brazil Capped ETF, including:
