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CORN11

$--
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1d
1w
1m

Analysis and statistics

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About

CORN11.SA is a Brazilian Exchange Traded Fund (ETF) that aims to replicate the performance of an index related to corn. Specifically, it tracks the Teva Indices Teva Potencial Brasil Milho index, which represents a basket of Brazilian companies involved in the corn production and distribution chain. By investing in CORN11.SA, investors gain exposure to the Brazilian corn market and its related agribusiness activities, without directly owning physical corn or individual company stocks. It's traded on the B3 stock exchange (Brazil's stock exchange) under the ticker symbol CORN11.SA.
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Factors

Global Corn Prices: CORN11.SA tracks global corn prices; fluctuations there directly impact its value.

Exchange Rate: Real/Dollar exchange rates affect CORN11.SA as corn is priced in USD; a weaker Real means higher prices.

Fund Management Fees: CORN11.SA's management fees impact its returns, lowering the overall price investors receive.

Supply and Demand: Global corn supply and demand dynamics influence CORN11.SA's value due to its link to corn prices.

Investor Sentiment: Overall investor confidence in agricultural commodities and ETFs impacts CORN11.SA's demand and price.

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