EWZ - iShares MSCI Brazil - Stock Price & Dividends

The iShares MSCI Brazil ETF (NYSE ARCA:EWZ) is an exchange-traded fund that aims to track the performance of the Brazilian equity market. To achieve this, the fund invests at least 80% of its assets in a mix of stocks that closely match the composition of its underlying index, as well as other investments that mimic the characteristics of those stocks.

The underlying index is a market capitalization-weighted index, which means that the companies with the largest market value have a greater influence on the index's performance. The index focuses on the large- and mid-capitalization segments of the Brazilian equity market, providing a broad representation of the country's stock market. This approach helps the fund to capture the overall performance of the Brazilian market, rather than just a specific sector or industry.

It's worth noting that the fund is non-diversified, which means that it can invest a significant portion of its assets in a single security or a small group of securities. This approach can result in higher returns if the fund's managers make the right calls, but it also increases the risk of losses if those investments don't perform as expected.

The fund is managed by BlackRock, a leading global asset manager, and is listed on the NYSE ARCA exchange under the ticker symbol EWZ. You can find more information about the fund on the iShares website at http://www.ishares.com. The fund is domiciled in the United States, which means it is subject to US regulations and tax laws.