Key stats
About VanEck Brazil Small-Cap ETF
Home page
Inception date
May 12, 2009
Structure
Open-Ended Fund
Replication method
Physical
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
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
Producer Manufacturing
Stocks93.26%
Finance21.29%
Producer Manufacturing10.53%
Energy Minerals7.12%
Process Industries6.89%
Consumer Non-Durables6.43%
Transportation6.22%
Commercial Services6.18%
Utilities5.75%
Non-Energy Minerals4.90%
Health Services3.66%
Consumer Services3.41%
Retail Trade2.84%
Technology Services2.59%
Consumer Durables2.49%
Distribution Services1.01%
Communications0.72%
Electronic Technology0.41%
Industrial Services0.34%
Miscellaneous0.28%
Health Technology0.21%
Bonds, Cash & Other6.74%
UNIT6.42%
Cash0.31%
Miscellaneous0.00%
Stock breakdown by region
Latin America80.80%
North America14.63%
Asia2.78%
Oceania1.79%
Europe0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history