iShares MSCI Brazil (EWZ) - Stock Price & Dividends

The iShares MSCI Brazil ETF (NYSE ARCA: EWZ) is an exchange-traded fund that focuses on investing in Brazilian companies. Specifically, it puts at least 80% of its assets into stocks that make up its underlying index, as well as other investments that closely resemble those stocks.

The underlying index is a special kind of index that measures the performance of large and mid-sized companies in Brazil. It's called a free float-adjusted market capitalization-weighted index, which means it takes into account the size of each company and how easily its shares can be bought and sold.

As a non-diversified fund, the iShares MSCI Brazil ETF concentrates its investments in a specific area, in this case, the Brazilian market. This allows investors to target a particular region and sector, but it also means the fund may be more vulnerable to market fluctuations.

The fund is managed by BlackRock, a global investment company, 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.