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
−0.06%
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

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows



Frequently Asked Questions


No, BMMT11 doesn't pay dividends to its holders.
BMMT11 shares are issued by Banco Bradesco SA /Private Group/ under the brand Bradesco. The ETF was launched on Feb 14, 2023, and its management style is Passive.
BMMT11 expense ratio is 0.30% meaning you'd have to pay 0.30% of your investment to help manage the fund.
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.
BMMT11 price has risen by 1.15% over the last month, and its yearly performance shows a 19.25% increase. See more dynamics on BMMT11 price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.71% over the last month, showed a 8.50% increase in three-month performance and has increased by 18.02% in a year.
BMMT11 trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.