iShares MSCI Brazil ETF (EWZ) perpetual market

The iShares MSCI Brazil ETF is an exchange-traded fund managed by BlackRock Fund Advisors that gives investors targeted, single-country exposure to the Brazilian equity market. It seeks to track the investment results of the MSCI Brazil 25/50 Index, which measures the performance of large- and mid-capitalization companies in Brazil while applying diversification caps that limit how much weight any single holding or group of large holdings can represent. The fund uses a representative sampling approach and holds shares across a range of sectors, giving it heavy weightings in Brazilian financials, energy and materials companies. Launched in 2000 and listed on the NYSE Arca exchange, it is one of the most widely traded vehicles for expressing a view on Brazil and is used by investors for both broad country allocation and shorter-term positioning on Brazilian markets.