Fund Objective

Seeks investment results that correspond (before fees and expenses) to performance of the FTSE Brazil Infrastructure Extended Index. Prior to February 3, 2014, the Fund tracked the Indxx Brazil Infrastructure Index.

Index Description

The FTSE Brazil Infrastructure Extended Index is a free-float market capitalization-weighted stock market index comprised of 30 leading companies that FTSE determines to be representative of Brazil's infrastructure industries.

Background

BRXX is designed to provide exposure to the organic, urban growth of Brazil's infrastructure. BRXX's underlying index includes, among other industries, metal miners, energy and power producers, transportation, utility, and water companies. Brazil is expected to spend over $1 trillion in the next five years on infrastructure development, including preparations for the World Cup and Summer Olympic games.i

Key Statistics
(As of 3/31/2014)
ETF Ticker (NYSE)
BRXX
Bloomberg Index Ticker
FTBRXXN
Inception Date
2/24/2010
Expense Ratio
0.85%
Holdings
30
Average Market Cap
$ 7.40B
Median Market Cap
$ 6.35B
Trailing P/E Ratio
14.61x
Price/Book Ratio
1.34x
Index Dividend Yield
4.91%

Industry Breakdown (ICB)

(As of 3/31/2014)
Industry
Weights
Utilities
45.93 %
Basic Materials
19.01
Industrials
18.01
Telecommunications
13.71
Health Care
1.83
Consumer Services
1.40

Sub-Sector Breakdown (ICB)

(As of 3/31/2014)
Sector
Weights
Alternative Electricity
20.93 %
Iron & Steel
19.01
Conventional Electricity
12.11
Transportation Services
11.04
Fixed Line Telecommunications
8.88
Water
7.78
Gas Distribution
5.11
Mobile Telecommunications
4.83
Railroads
4.31
Health Care Providers
1.83
Trucking
1.42
Airlines
1.40
Heavy Construction
1.24

Top Holdings (Ticker)

(As of 3/31/2014)
Company
Weights
Cia Energetica de Minas Gerais
(CMIG4 BZ Equity)

5.36 %
CCR SA (CCRO3 BZ Equity)
5.23
Tractebel Energia SA
(TBLE3 BZ Equity)

5.22
Ultrapar Participacoes SA
(UGPA3 BZ Equity)

5.11
Telefonica Brasil SA
(VIVT4 BZ Equity)

5.09
Usinas Siderurgicas de Minas G
(USIM5 BZ Equity)

5.09
CPFL Energia SA
(CPFE3 BZ Equity)

4.93
Cia de Saneamento Basico do Es
(SBSP3 BZ Equity)

4.85
Tim Participacoes SA
(TIMP3 BZ Equity)

4.83
Gerdau SA (GGBR4 BZ Equity)
4.66

Performance

(As of 3/31/2014)
1-Month (%) 3-Month (%) Year-to-Date (%) 1-Year (%) 3-Year (%) Annualized Since Inception (%)
Total Returns (Net Asset Value) 9.48 -3.70 -3.70 -20.36 -10.07 -1.61
Total Returns (Market Price) 8.79 -4.76 -4.76 -21.13 -10.88 -1.90
Tracked Index* 9.72 -3.08 -3.08 -18.66 -9.23 0.20
*Reflects Indxx Emerging Market High Income Low Beta Index through January 31, 2014; FTSE Emerging All Cap ex Taiwan Low Volatility Dividend Net Tax Index thereafter.

Performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance data may be higher or lower than actual data quoted. For the most current month-end performance data please call + 1 888 800 4347.

Market price returns are based on the midpoint of the bid/ask spread at 4 pm ET and do not represent the returns an investor would receive if shares were traded at other times.
iGrudgings, Stuart. "Brazil's Lula unveils $878 billion investment plan". Reuters, March 29, 2010.
www.reuters.com/article/2010/03/29/brazil-lula-infrastructure-idUSN2914017220100329

Effective February 3, 2014, the investment objective for the EGShares Brazil Infrastructure exchange-traded fund (ETF) was revised as follows: "The Fund seeks investment results that correspond (before fees and expenses) to the price and yield performance of the FTSE Brazil Infrastructure Extended Index (the "BRXX Underlying Index")." Please review the prospectus for details.

Emerging market investments involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, from economic or political instability in other nations or increased volatility and lower trading volume. This fund will concentrate its investments in issuers of one or more particular industries to the same extent that its Underlying Index is so concentrated and to the extent permitted by applicable regulatory guidance. Concentration risk results from maintaining exposure to issuers conducting business in a specific industry. Small cap and mid cap companies generally will have greater volatility in price than the stocks of large companies due to limited product lines or resources or a dependency upon a particular market niche.

The FTSE Brazil Infrastructure Extended Index is a product of FTSE and has been licensed for use for certain purposes by EGShares. The Fund is not sponsored, endorsed, sold or promoted by FTSE. FTSE makes no representation or warranty, express or implied, to the owners of the Fund or any member of the public regarding the advisability of investing in securities generally or in the Funds particularly. FTSE's only relationship to EGShares is the licensing of certain trademarks, trade names and service marks of FTSE and of the Underlying Index, which is determined, composed and calculated by FTSE without regard to EGShares or the Funds. FTSE has no obligation to take the needs of EGShares or the shareholders of the Funds into consideration in determining, composing or calculating the Underlying Index. FTSE is not responsible for and has not participated in the determination of the timing, amount or pricing of the Fund's shares to be issued or in the determination or calculation of the equation by which the Fund's shares are to be converted into cash. FTSE has no obligation or liability in connection with the administration, marketing or trading of the Fund. FTSE does not guarantee the accuracy and/or the completeness of the Underlying Index or any data included therein and FTSE shall have no liability for any errors, omissions, or interruptions therein. FTSE Indices makes no warranty, express or implied, as to results to be obtained by EGShares, shareholders of the Fund, or any other person or entity from the use of the Underlying Index or any data included therein. FTSE makes no express or implied warranties, and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to the Underlying Index or any data included therein. Without limiting any of the foregoing, in no event shall FTSE have any liability for any lost profits or indirect, punitive, special or consequential damages or losses, even if notified of the possibility thereof. There are no third party beneficiaries of any agreements or arrangements between FTSE and EGShares. Shares of the Fund are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. FTSE makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any FTSE data contained herein. The FTSE data may not be further redistributed or used to create indices or financial products. This report is not approved or produced by FTSE. One cannot directly invest in an index.