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BRF Market Vectors Brazil Small-Cap ETF

  • Fund Description

    Market Vectors® Brazil Small-Cap ETF (BRF®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Brazil Small-Cap Index (MVBRFTR), which is comprised of securities of small-capitalization companies that are incorporated in Brazil or that generate at least 50% of their revenues (or, in certain circumstances, have at least 50% of their assets) in Brazil.

  •  
      

    • Fund Ticker

      BRF
    • Exchange

      NYSE Arca
    • Commencement

      05/12/2009
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVBRFTR
    • Index Rebalancing

      Quarterly
  •  
    as of 02/05/16

    • 30-Day SEC Yield1

      2.42%
    • Total Net Assets

      $63.3M
    • Number of Holdings

      65
    • Options

      Available
    • Gross Expense Ratio2

      0.66%
    • Net Expense Ratio/TER2

      0.60%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/16/2016
  • Index Key Points

    Underlying Index: Market Vectors Brazil Small-Cap Index (MVBRFTR) 

    The Index comprises: 

    A diversified group of small capitalization companies concentrated in sectors typically supported by the local Brazilian economy

    Companies eligible for inclusion in Index: 

    • Small-cap companies* domiciled and primarily listed in Brazil, or generating at least 50% of their revenues in Brazil
    • Market cap exceeding $150 million
    • Three-month average daily trading volume of at least $1 million
    • Minimum trading volume of 250,000 shares each month over last 6 months

    *As of 5/1/09, companies with a market capitalization range of between approximately $250 million and $3.8 billion 

    Index provider: 

    Market Vectors Index Solutions 

  • Index Profile

    • Ticker

      MVBRFTR
    • Inception Date

      05/01/2009
    • Rebalance Frequency

      Quarterly
  • Download All Index ConstituentsIndex Top 10 Constituents (%)  as of 12/31/15

    Total Constituents: 61
    Constituent Name
    Ticker
    Weightings (%)
    Odontoprev S.A.
    ODPV3 BZ
    4.18
    Valid Solucoes Sa
    VLID3 BZ
    4.17
    Qualicorp Sa
    QUAL3 BZ
    4.07
    Adecoagro Sa
    AGRO US
    3.93
    Sao Martinho Sa
    SMTO3 BZ
    3.81
    Edp - Energias Do Brasil Sa
    ENBR3 BZ
    3.35
    Smiles Sa
    SMLE3 BZ
    3.28
    Cosan Ltd-Class A Shares
    CZZ US
    3.06
    Duratex Sa
    DTEX3 BZ
    2.95
    Fii Btg Pactual Corp Office
    BRCR11 BZ
    2.69
    Top 10 Total (%)35.49
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Index Country Weightings (%) as of 12/31/15

    • Country

      Weightings (%)
    • BRAZIL

      92.9
    • UNITED STATES

      3.9
    • JAPAN

      1.8
    • SPAIN

      0.7
    • BAHRAIN

      0.6
  • Index Sector Weightings (%) as of 12/31/15

    • Sector

      Weightings (%)
    • Consumer Discretionary

      28.1
    • Consumer Staples

      12.8
    • Industrials

      12.5
    • Health Care

      9.9
    • Utilities

      9.8
    • Financials

      7.6
    • Materials

      7.4
    • Energy

      5.7
    • n/a

      4.9
    • Information Technology

      1.3