- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
-
- IPO Date
- Sep 20, 2006
- Business
- Invesco BRIC ETF (NYSE Arca: EEB) is an exchange-traded fund that seeks to track the investment results of the FTSE BRIC Select All Cap Net Tax Index, composed of equity securities from companies in Brazil, Russia, India, and China (BRIC). The fund provides exposure to large-, mid-, and small-cap stocks across diverse sectors including financials, materials, consumer discretionary, information technology, and energy; it employs a representative sampling strategy to replicate index performance while minimizing tracking error. Managed by Invesco Capital Management LLC, headquartered in Atlanta, Georgia, and founded in 2007, EEB operates globally with primary focus on emerging market equities in BRIC nations.
The ETF's core offerings include passive investment in approximately 180-200 holdings weighted by free-float adjusted market capitalization, with top constituents typically featuring major firms like Reliance Industries, Tencent Holdings, Vale SA, and HDFC Bank; it distributes dividends semi-annually and maintains a low expense ratio of around 0.76%. Geographically, it targets BRIC countries exclusively, serving institutional and retail investors seeking diversified emerging market growth without direct stock selection. Invesco, the sponsor and parent entity with over $1.6 trillion in assets under management as of late 2025, supports EEB through its broader suite of 400+ ETFs covering equities, fixed income, commodities, and alternatives.
Recent developments include the index's evolution to incorporate environmental, social, and governance (ESG) screening enhancements in 2024, aligning with Invesco's sustainability initiatives; additionally, Invesco announced a strategic merger of select emerging market ETFs in Q3 2025 to streamline offerings and reduce costs, though EEB remains a standalone product. No major acquisitions or name changes affected EEB directly in the past two years, but Invesco expanded its BRIC exposure via partnerships with local custodians in India and Brazil amid regulatory shifts. These changes reflect ongoing adaptations to geopolitical tensions, currency fluctuations, and rising demand for BRIC-focused vehicles amid global diversification trends.