B INDEX MOMECIB INDEX MOMECIB INDEX MOMECI

B INDEX MOMECI

No trades
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Key stats


Assets under management (AUM)
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
−0.05%
Shares outstanding
Expense ratio
0.30%

About B INDEX MOMECI


Issuer
Banco Bradesco SA /Private Group/
Brand
Bradesco
Inception date
Feb 14, 2023
Structure
Open-Ended Fund
Index tracked
Morningstar Brazil Target Momentum Index - BRL - Benchmark TR Gross
Replication method
Physical
Management style
Passive
Dividend treatment
Capitalizes
Primary advisor
Banco Bradesco SA
ISIN
BRBMMTCTF006
The FUND aims to invest in financial assets in search of profitability, which, before deducting fees and expenses, reproduce the variation of the Morningstar Brazil Target Momentum Index, calculated by Morningstar.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Multi-factor
Geography
Brazil
Weighting scheme
Market cap
Selection criteria
Multi-factor
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to BMMT11 via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BMMT11 trades at 126.83 BRL today, its price has risen 0.12% in the past 24 hours. Track more dynamics on BMMT11 price chart.
BMMT11 net asset value is 126.36 today — it's risen 2.27% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BMMT11 price has risen by 0.07% over the last month, and its yearly performance shows a 18.53% increase. See more dynamics on BMMT11 price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.27% over the last month, showed a 10.43% increase in three-month performance and has increased by 18.60% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BMMT11 expense ratio is 0.30%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BMMT11 isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BMMT11 technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BMMT11 shows the buy signal. See more of BMMT11 technicals for a more comprehensive analysis.
No, BMMT11 doesn't pay dividends to its holders.
BMMT11 trades at a premium (0.05%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BMMT11 shares are issued by Banco Bradesco SA /Private Group/
BMMT11 follows the Morningstar Brazil Target Momentum Index - BRL - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 14, 2023.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.