EGS Introduces Brazil Infrastructure Fund

Emerging Global Shares recently launched the Brazil Infrastructure Index Exchange-Traded Fund (NYSE: BRXX), the first ETF focused solely on the infrastructure sector in Brazil. The Fund invests in 30 of the largest publicly traded companies dedicated to the infrastructure industry in Brazil.

The Brazil Infrastructure Index has an average market capitalization of $11.7 billion and the Fund charges a net expense ratio of 0.85%. The top five industry weightings of the Index are Metals & Mining, Diversified Telecommunications, Electric Utilities, Independent Power Producers and Transportation Infrastructure, followed by Wireless Telecommunication Services, Machinery, Water Utilities, Aerospace & Defense, and Media.

For more ETF investing choices, see the country ETF directory.