BM&FBOVESPA started trading on Thursday (April 7) in IFNC ETF, a fund that tracks the BM&FBOVESPA Financial Index (IFNC). Named IT Now, the new ETF has Itaú Unibanco as its manager and will reflect a portfolio of shares in the most representative companies in the Financial Intermediation, Diverse Financial Services and Pensions and Insurance sectors.
The ceremony to mark the start of trading occurred at the Raymund Magliano Filho visitors’ center, with Itaú Unibanco Asset Management Director Paulo Corchaki; Itaú Unibanco Index Funds Manager Tatiana Grecco; Itaú Unibanco Institutional Clients Director Roberto Nischikawa; and BM&FBOVSPA Chief Executive Officer Edemir Pinto. The executives rang the opening bell to mark the occasion.
With the launch of the Financial Index ETF there are now eight trackers traded at BM&FBOVESPA: BOVA11, SMAL11, MILA11, BRAX, CSMO, MOBI, PIBB11 and FIND11.
From left to right: Itaú Unibanco Asset Management Director Paulo Corchaki; Itaú Unibanco Index Funds Manager Tatiana Grecco;Itaú Unibanco Institutional Clients Director Roberto Nischikawa; and BM&FBOVSPA Chief Executive Officer Edemir Pinto.
