Two exchange-listed equity index funds from the issuer UBS Global Asset Management based on the MSCI Brazil have begun in Deutsche Börse’s XTF segment.

The two new UBS ETFs – MSCI Brazil (USD) I-dis and MSCI Brazil (USD) A-dis – enable investors to participate in the performance of enterprises based in Brazil.

The MSCI Brazil Index covers large and mid cap companies with a total market capitalisation of 84 per cent.

The difference between the two UBS ETFs is the asset class. The class “I” ETF is aimed primarily at institutional investors, and the class “A” ETF at private clients.