The index is designed to measure the performance of the large and mid cap segments of the Brazilian market. It covers approximately 85% of the market capitalization in Brazil. Under normal circumstances, the fund will obtain inverse leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.
Research context
ProShares UltraShort MSCI Brazil Capped appears in PyInvesting’s ETF catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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