Presentation
The B3 Smart High Beta Bovespa Index (Ibov Smart High Beta B3) is the result of a theoretical portfolio of assets, elaborated according to the criteria established in this methodology.
Objective
The objective of the B3 Smart High Beta Bovespa Index (Ibov Smart High Beta B3) is to be the average performance indicator of the most tradable and representative assets that have a higher sensitivity to changes in market returns. This relationship is measured by the individual beta of each asset.
Index Type
The B3 Smart High Beta Bovespa Index is a total return index.
Eligible Assets
The B3 Smart High Beta Bovespa Index is composed of stocks and units exclusively from companies listed on B3 that meet the inclusion criteria described in the Methodology (B3 Smart High Beta Bovespa Index Methodology). BDRs and assets of companies under judicial or extrajudicial recovery, special temporary administration regime, intervention, or that are traded in any other special listing situation are not included in this universe (see B3 Index Definitions and Procedures Manual).