Emerging Global Shares (EG Shares), the first dedicated emerging markets sector ETF provider, today launched the Brazil Infrastructure Index Exchange-Traded Fund (BRXX), the first ETF focused solely on the infrastructure sector in Brazil. The Fund invests in 30 of the largest publicly traded companies dedicated to the infrastructure industry in that country, and is designed to track the performance of the INDXX Brazil Infrastructure Index.

“Like China, Brazil has a rapidly growing middle class that demands the foundation of a functional and modern economy of a developed nation,” said Robert Holderith, President and CEO of EG Shares. “Further, given the nation’s large population and urbanization trends, Brazil is greatly behind in its timeline to build out major infrastructure projects, all of which further emphasizes the need to expand their internal infrastructure system.”

The Brazil Infrastructure Index has an average market capitalization of $11.7 billion and the Fund charges a net expense ratio of 0.85%* (gross expense ratio: 1.10%). The top five industry weightings of the Index, as of 12/31/09, are Metals & Mining (14.25%), Diversified Telecommunications (14.18%), Electric Utilities (12.25%), Independent Power Producers (11.27%) and Transportation Infrastructure (8.15%), followed by Wireless Telecommunication Services, Machinery, Water Utilities, Aerospace & Defense, and Media.

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According to Richard Kang, CIO and Director of Research at Emerging Global Advisors, “The opportunity in Brazil is about more than the upcoming World Cup and Olympic games. The Brazilian government has committed resources to their infrastructure expansion, and it’s in the interest of the government, the country’s growing corporate sector and the average citizen that this build out happen, and happen fast.”

The Emerging Global Shares Brazil Infrastructure Index Fund is the sixth ETF to be introduced by Emerging Global Shares. Other funds include the Emerging Global Shares China Infrastructure Fund (CHXX), Emerging Global Shares Emerging Markets Metals & Mining Fund (EMT), Emerging Global Shares Emerging Markets Energy Fund (EEO), Emerging Global Shares Emerging Markets Financials Fund (EFN) and the Emerging Global Shares Emerging Markets Titans Composite Index Fund (EEG).

About Emerging Global Advisors LLC

Emerging Global Advisors LLC is an independent investment advisory firm and the sponsor of the Emerging Global Shares family of Exchange-Traded Funds. The firm’s thematic research focuses primarily on investor opportunities in the emerging markets. More information on the firm and its ETF products can be found at http://cts.businesswire.com/ct/CT?id=smartlink&url=http%253A%252F%252Fwww.egshares.com&esheet=6191819&lan=en_US&anchor=www.egshares.com&index=1&md5=59c3b92151275fbb627ea58897571c50. The Emerging Global Shares Exchange-Traded Funds are distributed by ALPS Distributors, Inc. Richard Kang and Robert Holderith are registered representatives of ALPS Distributors, Inc.

Carefully consider the Fund’s investment objectives, risk factors and charges and expenses before investing. This and other information can be found in the Funds’ prospectuses, which may be obtained by calling 1-888-800-4EGS (4347) or by visiting the fund’s website http://cts.businesswire.com/ct/CT?id=smartlink&url=http%253A%252F%252Fwww.egshares.com&esheet=6191819&lan=en_US&anchor=www.egshares.com&index=2&md5=f5a44a3366cee17ed643d711e810dc2b to view or download a prospectus. Read the prospectus carefully before investing. Investing involves risk, including possible loss of principal. These funds are new and not suitable for all investors.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Emerging market investments do involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, from economic or political instability in other nations or increased volatility and lower trading volume. This fund will concentrate its investments in issuers of one or more particular industries to the same extent that its Underlying Index is so concentrated and to the extent permitted by applicable regulatory guidance. Concentration risk results from maintaining exposure to issuers conducting business in a specific industry.

*This agreement will remain in effect and will be contractually binding for at least one year from the date of the Prospectus

 

 

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