This Fund will be closing and the final date of trading on the NYSE Arca will be October 30, 2015. Please consult the Supplement, dated September 18, 2015, to the Fund's Prospectus, dated July 29, 2015, for further information.
Seeks investment results that correspond (before fees and expenses) to the price and yield performance of the FTSE Brazil Infrastructure Extended Index.
The FTSE Brazil Infrastructure Extended Index is designed to represent the performance of the 30 largest Brazilian companies ranked by full market capitalization that FTSE determines to be representative of Brazil's infrastructure industries.
(As of 9/30/2015) |
ETF Ticker (NYSE) |
BRXX |
Bloomberg Index Ticker |
FTBRXXN |
|
Inception Date |
2/24/2010 |
|
Expense Ratio |
0.85% |
|
Holdings |
29 |
|
Average Market Cap |
$ 3.42B |
|
Median Market Cap |
$ 1.85B |
|
Total Constituent Daily Traded Value |
N/A |
|
Trailing P/E Ratio |
10.63x |
|
Price/Book Ratio |
0.62x |
|
Index Dividend Yield |
8.44% |
Sub-Sector Breakdown (ICB)
(As of 9/30/2015) |
Sector |
Weights |
Alternative Electricity |
24.81
%
|
|
Conventional Electricity |
23.62 |
|
Iron & Steel |
10.21 |
|
Transportation Services |
7.91 |
|
Fixed Line Telecommunications |
7.49 |
|
Gas Distribution |
6.93 |
|
Water |
6.68 |
|
Mobile Telecommunications |
4.68 |
|
Health Care Providers |
2.15 |
|
Trucking |
1.26 |
|
Heavy Construction |
0.89 |
Top Holdings (Ticker)
(As of 9/30/2015) |
Company |
Weights |
Equatorial Energia SA (EQTL3 BZ Equity) |
5.99 % |
|
Ultrapar Participacoes SA (UGPA3 BZ Equity) |
5.87 |
|
Telefonica Brasil SA (VIVT4 BZ Equity) |
5.68 |
|
Cia Paranaense de Energia (CPLE6 BZ Equity) |
5.50 |
|
Cia de Saneamento Basico do Es (SBSP3 BZ Equity) |
5.43 |
|
Tractebel Energia SA (TBLE3 BZ Equity) |
5.29 |
|
EDP - Energias do Brasil SA (ENBR3 BZ Equity) |
5.23 |
|
CCR SA (CCRO3 BZ Equity) |
4.75
|
|
Tim Participacoes SA (TIMP3 BZ Equity) |
4.68 |
|
CPFL Energia SA (CPFE3 BZ Equity) |
4.62 |
Performance
(As of 9/30/2015) |
3-Month (%) | Year-to-Date (%) | 1-Year (%) | 3-Year (%) | 5-Year (%) | Since Inception (%) |
Total Returns (Net Asset Value) | -34.19 | -46.47 | -56.11 | -31.27 | -20.38 | -16.60 |
Total Returns (Market Price) | -33.74 | -45.89 | -55.75 | -31.13 | -20.70 | -16.56 |
Tracked Index* | -33.88 | -45.69 | -55.44 | -30.41 | -19.44 | -15.20 |
Emerging market investments involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, from economic or political instability in other nations or increased volatility and lower trading volume. This Fund will concentrate its investments in issuers of one or more particular industries to the same extent that its Underlying Index is so concentrated and to the extent permitted by applicable regulatory guidance. Concentration risk results from maintaining exposure to issuers conducting business in a specific industry. Small-cap and mid-cap companies generally will have greater volatility in price than the stocks of large companies due to limited product lines or resources or a dependency upon a particular market niche. One cannot invest directly in an Index.
The FTSE Brazil Infrastructure Extended Index (the "Index") is a product of FTSE and has been licensed for use for certain purposes by EGShares. The Fund is not sponsored, endorsed, sold or promoted by FTSE. FTSE makes no representation or warranty, express or implied, to the owners of the Fund or any member of the public regarding the advisability of investing in securities generally or in the Funds particularly. The EGShares Brazil Infrastructure ETF (the "Fund") is not in any way sponsored, endorsed, sold or promoted by FTSE International Limited ("FTSE") or the London Stock Exchange Group companies ("LSEG") (together the "Licensor Parties") and none of the Licensor Parties make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to (i) the results to be obtained from the use of the Index (upon which the Fund is based), (ii) the figure at which the Index is said to stand at any particular time on any particular day or otherwise, or (iii) the suitability of the Index for the purpose to which it is being put in connection with the EGShares Brazil Infrastructure ETF. None of the Licensor Parties have provided or will provide any financial or investment advice or recommendation in relation to the Index to Emerging Global Advisors or to its clients. The Index is calculated by FTSE or its agent. None of the Licensor Parties shall be (a) liable (whether in negligence or otherwise) to any person for any error in the Index or (b) under any obligation to advise any person of any error therein. All rights in the Index vest in FTSE. "FTSE®" is a trade mark of LSEG and is used by FTSE under license. One cannot invest directly in an index.