BRF (brazil small cap) short ? or start of a bull ? you decideI think last weak was a false break
we shall see in 1-3 weaks from now :-)
Key stats
About VanEck Brazil Small-Cap ETF
Home page
Inception date
May 12, 2009
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
BRF tracks the performance of the MVIS Brazil Small-Cap Index and employs a different take on the small cap space. Its unique pure-play approach targets 100% of the investable universe with at least 25 names and includes non-local companies that generate at least 50% of their revenues in Brazil, in addition to its local exposure. While it does not provide a particularly tight fit to our chosen benchmark, its size, sector, and valuation tilts are, at most, moderate. Constituents are ranked and weighted by market capitalization with an 8% capping scheme on a single security to ensure diversification. Index reviews occur on a semi-annual basis.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
BRF, SLV, GLD Correlation suggest Brazil will rebound this yearThe correlation between SLV and BRF is more prominent that with GLD. Nonetheless the relationship between these asset classes are quite distinctive. long BRF, LBJ, ILF
Brazil: Once in a decade long term low risk entry point The Brazil sell off appears to largely be over and the decline has been insane. AT the moment I think brazil is offering a major low risk entry point with a tight risk profile where donwside can easily be set at 52 week low of 25.68~. here are some reason I think brazil sell off is over.
1. this E
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Summarizing what the indicators are suggesting.
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Neutral
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Neutral
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Moving Averages
Neutral
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Moving Averages
Neutral
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Displays a symbol's price movements over previous years to identify recurring trends.