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BRF
VanEck Vectors Brazil Small-Cap ETF

Fund Description

VanEck Vectors® Brazil Small-Cap ETF (BRF®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Brazil Small-Cap Index (MVBRFTR), which includes securities of small capitalization companies that are incorporated in Brazil or that are incorporated outside of Brazil but have at least 50% of their revenues/related assets in Brazil.

 
 

  • Fund Ticker

    BRF
  • Exchange

    NYSE Arca
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MVBRFTR
  • Index Rebalancing

    Quarterly

 
as of 07/14/20

  • 30-Day SEC Yield1

    1.75%
  • Total Net Assets

    $51.4M
  • Number of Holdings

    77
  • Options

    Available
  • Gross Expense Ratio2

    0.73%
  • Net Expense Ratio/TER2

    0.63%
  • Distribution Frequency

    Annual

Key Points

  • Small Cap Focus
    Small caps may offer greater exposure to domestic growth, less exposure to global cyclicals

  • Largest Economy in Latin America
    Brazil has a vibrant economy with favorable demographics; nearly 40% of the population are under the age of 25

  • Pure Play  
    Companies must be incorporated in, or derive at least 50% of total revenues from Brazil to be added to the index

Trading Information

  • Fund Ticker

    BRF
  • Index Total Return Ticker

    MVBRFTR
  • NAV

    BRFNV
  • Intraday NAV (IIV)4

    BRFIV
  • Shares Outstanding

    2,900,000
  • Estimated Cash

    BRFEU
  • Total Cash

    BRFTC
  • CUSIP

    92189F825
  • ISIN

    US92189F8251
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    0.23%
  • Gross Expense Ratio

    0.73%
  • Fee Waivers and
    Expense Reimbursement

    -0.10%
  • Net Expense Ratio/TER2

    0.63%
2Expenses for BRF are capped contractually at 0.59% until May 1, 2021. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Prices as of 07/14/20

NAV/
Market Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change
NAV/
Last Price
Premium/
Discount
Prem/Discount
Distribution Charts
NAV &
Prem/Discount
History
30-Day
Median
Bid Ask
Spread
NAV
Chart
BRF $17.73
$17.63
21,335
4,416
$0.16 / +0.92%
$0.16 / +0.92%
-35.52%
-35.73%
$-0.10
-0.57%
0.63%

Premium/Discount History as of 07/14/20

Calendar Year 2019 2Q 2019 3Q 2019 4Q 2019 1Q 2020 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 28 6 4 7 11
BRF Days closed at NAV 9 1 1 5 1
Days closed at a discount 215 56 59 52 50

Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
05/12/09
BRF (NAV) 9.77 26.93 -39.24 -28.46 -1.84 3.86 -5.05 0.58
BRF (Share Price) 9.87 27.40 -39.15 -28.83 -1.69 3.85 -5.01 0.56
MVBRFTR (Index) 10.50 25.72 -39.27 -28.37 -1.45 4.36 -4.40 1.17
Performance Differential (NAV - Index) -0.73 1.21 0.03 -0.09 -0.39 -0.50 -0.65 -0.59
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
05/12/09
BRF (NAV) 9.77 26.93 -39.24 -28.46 -1.84 3.86 -5.05 0.58
BRF (Share Price) 9.87 27.40 -39.15 -28.83 -1.69 3.85 -5.01 0.56
MVBRFTR (Index) 10.50 25.72 -39.27 -28.37 -1.45 4.36 -4.40 1.17
Performance Differential (NAV - Index) -0.73 1.21 0.03 -0.09 -0.39 -0.50 -0.65 -0.59

Top 10 Holdings (%) as of 06/30/20 Daily Holdings

Total Holdings: 77
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$)
% of Net
Assets
TRANSMISSORA ALIANCA DE ENERGIA ELETRIC
TAEE11 BZ
426,200
2,202,280 4.55
CIA DE SANEAMENTO DO PARANA
SAPR11 BZ
342,400
1,983,969 4.09
ALUPAR INVESTIMENTO SA
ALUP11 BZ
381,587
1,681,955 3.47
CYRELA BRAZIL REALTY SA EMPREENDIMENTOS
CYRE3 BZ
369,650
1,553,208 3.21
QUALICORP CONSULTORIA E CORRETORA DE SE
QUAL3 BZ
288,550
1,538,764 3.18
EZ TEC EMPREENDIMENTOS E PARTICIPACOES
EZTC3 BZ
198,102
1,453,498 3.00
FLEURY SA
FLRY3 BZ
313,550
1,417,810 2.93
RHI MAGNESITA NV
RHIM LN
42,184
1,287,441 2.66
OI SA
OIBR/C US
1,192,724
1,252,360 2.58
CIA DE LOCACAO DAS AMERICAS
LCAM3 BZ
397,500
1,237,505 2.55
Top 10 Total (%) 32.21
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 06/30/20

  • Country

    % of Net Assets
  • Brazil

    86.64
  • India

    2.66
  • United States

    2.54
  • Canada

    2.49
  • Portugal

    1.95
  • Italy

    1.11
  • Japan

    0.76
  • Chile

    0.74
  • Libya

    0.52
  • Israel

    0.44
  • Germany

    0.34
  • Other/Cash

    -0.18

Sector Weightings (%) as of 06/30/20

  • Sector

    % of Net Assets
  • Consumer Discretionary

    24.6
  • Utilities

    20.5
  • Industrials

    10.8
  • Materials

    9.9
  • Health Care

    8.6
  • Consumer Staples

    7.7
  • Real Estate

    7.0
  • Information Technology

    3.5
  • Communication Services

    3.0
  • Energy

    2.4
  • Financials

    2.2
  • n/a

    0.0
  • Other/Cash

    -0.2