Itau Lists Financial ETF On BM&FBOVESPA

BM&FBOVESPA and Itaú Unibanco have unveiled a new financial index ETF.

BM&FBOVESPA and Itaú Unibanco have unveiled a new financial index ETF, Mondovisione reports. The new product, IT Now, will track the BM&FBOVESPA Financial Index. Itaú Unibanco will act as the manager of the new ETF. The vehicle will seek to reflect a portfolio of shares in the most representative companies in the financial intermediation, diverse financial services and pensions and insurance sectors.

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