Fund: ISHBR

Strategy
The investment objective of the Fund is to deliver the performance of the Reference Index (being the MSCI Brazil Index Net USD), less the fees and expenses of the Fund. The Reference Index is a free float-adjusted market capitalisation-weighted index intended to reflect the performance of the Brazilian equity market by targeting all companies with a market capitalization broadly within the top 85% of the Brazilian investable equity universe, subject to a global minimum size requirement.

EIC Fund Rating

	1M	3M	6M	9M	1R	3R p.a.	5R p.a.	7R p.a.	10R p.a.	od vnizku p.a.
Výkonnosť fondu	-0.14%	-12.05%	-16.87%	-7.13%	-16.75%	-10.28%	-9.32%	-4.08%	-5.92%	N/A
Priemerná výkonnosť (36 meraní)	-0.74%				-0.50%	-4.36%	-3.80%	-0.09%
Volatilita od priemernej výkonnosti	13.49%				24.87%	8.80%	3.95%	4.55%

Top 10 pozícií
Spoločnosť	Subsektor	Váha	Spoločnosť	Subsektor	Váha
Vale SA	Basic Materials	11.36%	Petroleo Brasileiro SA Petrobras Participating Preferred	Energy	9.66%
Itau Unibanco Holding SA Participating Preferred	Financial Services	8.59%	Petroleo Brasileiro SA Petrobras	Energy	7.89%
Weg SA	Industrials	4.04%	Bank Bradesco SA Participating Preferred	Financial Services	3.48%
B3 SA - Brasil Bolsa Balcao	Financial Services	3.24%	Ambev SA	Consumer Defensive	2.85%
Itausa Investimentos ITAU SA Participating Preferred	Industrials	2.81%	Banco do Brasil SA BB Brasil	Financial Services	2.76%