Global exchange-traded fund - iShares IBRX – Index Brazil (IBRX-100) Index Fund

BRAZ

iShares IBRX - Index Brazil (IBRX-100) Index Fund rises for a second consecutive day, a two-day rise of 2.3% 31 July, 2015

NEWS BITES - ETF

iShares IBRX - Index Brazil (IBRX-100) Index Fund (SA:BRAX11), the largest Exchange Traded Fund by market cap in Brazil, rose 37.0 centavos (or 0.9%) for a second consecutive day on Friday bringing its two-day rise to 96.0 centavos or 2.3%. The ETF last traded at R$41.93. Compared with the Morgan Stanley Capital International World Index [MSCI World] which rose 4.9 points (or 0.28%) in the two days, this represented a relative price increase of 2.1%.

BULLISH SIGNALS

High Performance Indicator:

DescriptionValueRank In Market
Price Change %0.9In Top Quartile

BEARISH SIGNALS

Fundamentals:

Overvaluation:

The units are trading at a premium of 2.0% to NAV Backing of R$41.13 per unit.

PriceNAV per unitPrice to NAVPremium %
41.93R$41.131.02.0

Technicals:

+ The present value of BRL1,000 (PV1000) invested one year ago in iShares IBRX - Index Brazil (IBRX-100) Index Fund is R$928, for a capital loss of R$72.

+ 1 year Multiplier in BRL = 0.9x

Present Value of USD1,000 invested 1 year ago:

+ The present value of USD1,000 (PV1000) invested one year ago in iShares IBRX - Index Brazil (IBRX-100) Index Fund is US$607, for a capital loss of US$393.

+ 1 year ago BRL 1 equalled USD 0.4487

+ 1 year Multiplier in USD = 0.6x

Low Performance Indicators:

DescriptionValueRank In Market
Price/MAP2000.83In Bottom Quartile
MCapR$83.9 million (US$24.6 million)In Bottom Quartile

NOTE

Technicals:

+ iShares IBRX - Index Brazil (IBRX-100) Index Fund is at a discount of 16.4% to its 12-month high of R$50.14 on 01 Sep, 2014. It is also at a premium of 10.7% to the 12-month low of R$37.89 on 16 Dec, 2014.

Performance Indicator:

DescriptionValueRank In Market
Today's TurnoverR$8,375 (US$2,457)In 3rd Quartile

Rank in American Region out of 1,642 ETFs

The present value of $1,000 invested a year ago is $597, ranking it 1195 out of 1,642 ETFs. Its 6-month relative strength (or price percentile rank) is 9.

DescriptionValueRankQuartile
Net Assets (US$)11M1379Bottom
PV$1000 (1Year) US$*5971195Third
Rel Strength 6 Mo (US$)91497Bottom

* 1 year ago BRL 1 equalled USD 0.4487

Jul 31, 2015: USD 1 equals BRL 3.4083

Description

Based on the Brazil Index (IBrX 100), which measures the return on investment in a theoretical portfolio made up of the 100 most traded shares on BM&FBOVESPA in terms of number of transactions and financial volume.

SNAPSHOT

iShares IBRX - Index Brazil (IBRX-100) Index Fund (SA:BRAX11)

ISIN: BRBRAXCTF002

Inception DateFebruary 22, 2010
Expense Ratio0.2% of average net assets
CategoryBroad Market-Equity

Management Fees

+ The management fee is 0.2% of total assets

Top Holdings (July 06, 2015)

HoldingsWeight (%)
Ambev SA8.3
Banco Bradesco SA6.9
BRF SA5.4
Petroleo Brasileiro SA4.9
Petroleo Brasileiro SA3.6
Ultrapar Participacoes SA3.5
Cielo SA3.4
Itausa - Investimentos Itau SA3.1
Vale SA2.9

ASSET VALUE

Announcement DateJuly 30, 2015
Net AssetsR$37 million

BRAX11.SA

Source: www.BuySellSignals.com