NYSE Euronext (NYX) announced that its wholly-owned subsidiary, NYSE Arca, today began trading the Global X Brazil Financials ETF (Ticker: BRAF). The ETF is sponsored by Global X Funds.
The Global X Brazil Financials ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Brazil Financials Index, which is designed to reflect the performance of the financial sector in Brazil.