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IBMP

$--
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1d
1w
1m

Analysis and statistics

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About

IBMP.US refers to the iShares MSCI Brazil Multifactor ETF. This ETF aims to track the investment results of a broad market index composed of Brazilian equities that have favorable exposure to multiple factors that drive returns. It seeks to provide exposure to Brazilian companies exhibiting characteristics like value, quality, momentum, and low size, using a rules-based methodology.
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Factors

Underlying Bond Values: IBMP.US's price closely tracks the value of the US corporate bonds it holds.

Interest Rate Shifts: Rising rates typically decrease bond values, lowering the ETF price; falling rates have the opposite effect.

Credit Quality Changes: Downgrades of bonds within the portfolio can negatively impact the ETF's price.

Supply and Demand: Increased demand pushes the price up, while increased selling pressure causes it to fall.

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