The agreement is being viewed closely by sponsors of cross-border funds on offer to Chilean pension funds, since the AFPs have historically avoided investment in US funds in order to avoid the withholding tax on capital gains and dividends.
BM&F Bovespa and S&P Dow Jones reach landmark index agreement
November 19, 2014 by
New indices being considered are: factor-based indices (e.g. dividend, volatility, and multi-asset), those based on risk control, as well as sector indices, each based upon established and recognized S&P DJI methodologies.