Key stats
About VanEck Brazil Small-Cap ETF
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Inception date
May 12, 2009
Structure
Open-Ended Fund
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks92.15%
Finance21.85%
Producer Manufacturing9.61%
Consumer Non-Durables8.38%
Process Industries7.54%
Utilities6.55%
Transportation6.20%
Energy Minerals5.22%
Commercial Services4.73%
Retail Trade4.48%
Non-Energy Minerals4.08%
Health Services3.65%
Consumer Services2.91%
Consumer Durables2.33%
Technology Services2.09%
Distribution Services1.35%
Communications0.72%
Industrial Services0.25%
Health Technology0.19%
Bonds, Cash & Other7.85%
UNIT7.45%
Miscellaneous0.27%
Cash0.14%
Stock breakdown by region
Latin America90.60%
Asia3.25%
North America2.78%
Europe1.43%
Oceania1.22%
Middle East0.73%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history