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![]() Stock-Encyclopedia.com Canada-Listed ETF ![]() ![]() The ETF: iShares BRIC Index ETF (CBQ)![]() Categories: ![]() All ETFs > Global Stock Exchanges > ETFs Listed in Canada ![]() All ETFs > Stock ETFs > By Region > Global ETFs > Emerging Markets ETFs Advertisement iShares BRIC Index ETF The Claymore BRIC ETF seeks to provide long-term capital growth by generally replicating the performance of the BNY BRIC Select ADR Index, which tracks the performance of companies from Brazil, Russia, India and China which trade as American depositary receipts ("ADRs") and/or Global depository receipts ("GDRs") on a U.S stock exchange. Given that the ADRs underlying the index are U.S.-dollar denominated, the Claymore BRIC ETF will hedge its exposure to U.S. dollars reduce currency risk.
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