Itaú is a Brazilian bank that has pioneered administering and managing ETFs in Brazil. Itaú has a team of specialists in the index fund segment, working to give you the advantages of a fund with the liquidity and convenience of stocks. Five years after its entry into the Chilean banking industry and backed by the solid growth it has experienced since then, Itaú has decided to offer ETFs to its clients in Chile through Itaú Chile Administradora General de Fondos S.A.
The It Now brand combines the strength of Itaú, currently the largest financial conglomerate in Latin America and one of the world's 10 largest banks1, with the agility, convenience and other benefits of acquiring and trading an ETF.
1. Source: Bloomberg, March 31, 2012
Advantages of It Now:
Transparency: with It Now ETFs, you know what stocks are in the fund, therefore you can follow their position throughout the day.
Diversification: as the fund is made up of a variety of stocks, It Now ETFs reduce the risks of concentrated investments.
Efficiency: with It Now ETFs you instantly have access to a given segment of the stock market.
Flexibility: just like a stock, you can buy and sell It Now ETFs at any time during the regular trading session of the Stock Exchange.
Convenience: you can quickly buy a portfolio that reflects a given index in a single transaction, just as if you were buying stocks.
Lower cost: with It Now ETFs you can trade a number of stocks from an index in a single transaction.
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