It Now Ibovespa Fundo de Indice (IT NOW IBOV CI) aktie

It Now Ibovespa Fundo de Indice is an exchange traded fund launched and managed by Itau Unibanco S.A. The fund invests in the public equity markets of Brazil. It uses derivatives such as swaps to invest in the stocks of companies operating across diversified sectors. The fund invests in the stocks of companies across all market capitalizations. It seeks to replicate the performance of the IBOVESPA index, by employing synthetic replication methodology. It Now Ibovespa Fundo de Indice was formed on July 29, 2016 and is domiciled in Brazil.