BM&FBOVESPA Unveils New Indices

BM&FBOVESPA has rolled out for new indices, Mondovisione reports. The newly launched offering by the Brazilian exchange is designed to diversify investment strategies and make it possible to create exchange-trade funds (ETFs).

The bourse has floated the BM&FBOVESPA Brazil Broad-Based Index, the BM&FBOVESPA Dividend Index, the BM&FBOVESPA Basic Materials Index and the BM&FBOVESPA Public Utilities Index. With the launch of new indices the exchange now has 22 indices in total.

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