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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
  • 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 09/17/19

  • 30-Day SEC Yield1

    1.45%
  • Total Net Assets

    $83.4M
  • Number of Holdings

    65
  • Options

    Available
  • Gross Expense Ratio2

    0.73%
  • Net Expense Ratio/TER2

    0.60%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/20/2019

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

    3,550,000
  • 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

    -0.13%
  • Net Expense Ratio/TER2

    0.60%
2Expenses for BRF are capped contractually at 0.59% until May 1, 2020. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Prices as of 09/17/19

NAV/
Last 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
NAV
Chart
BRF $23.50
$23.37
26,081
5,730
$0.36 / +1.55%
$0.36 / +1.56%
+17.30%
+17.07%
$-0.13
-0.54%

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) -6.73 6.66 16.22 38.30 14.62 -2.40 -0.05 3.66
BRF (Share Price) -7.38 6.21 15.70 36.55 14.65 -2.67 -0.08 3.57
MVBRFTR (Index) -7.57 6.84 16.72 41.30 15.43 -1.75 0.62 4.33
Performance Differential (NAV - Index) 0.84 -0.18 -0.50 -3.00 -0.81 -0.65 -0.67 -0.67
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
05/12/09
BRF (NAV) 9.76 11.55 19.59 37.09 21.19 -1.05 3.01 4.02
BRF (Share Price) 10.63 12.70 20.51 38.10 21.69 -0.93 2.92 4.05
MVBRFTR (Index) 9.74 11.36 19.89 36.38 21.87 -0.45 3.67 4.68
Performance Differential (NAV - Index) 0.02 0.19 -0.30 0.71 -0.68 -0.60 -0.66 -0.66

Top 10 Holdings (%) as of 08/31/19 Daily Holdings

Total Holdings: 66
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$)
% of Net
Assets
Transmissora Alianca De Energia Eletric
TAEE11 BZ
588,750
3,995,140 4.84
Totvs Sa
TOTS3 BZ
273,150
3,554,050 4.30
Cia De Saneamento Do Parana
SAPR11 BZ
163,000
3,440,280 4.16
Rhi Magnesita Nv
RHIM LN
60,823
3,276,363 3.97
Cvc Brasil Operadora E Agencia De Viage
CVCB3 BZ
237,750
3,046,943 3.69
Qualicorp Consultoria E Corretora De Se
QUAL3 BZ
411,900
2,843,811 3.44
Cyrela Brazil Realty Sa Empreendimentos
CYRE3 BZ
414,250
2,519,912 3.05
Cosan Ltd
CZZ US
172,896
2,424,002 2.93
Mrv Engenharia E Participacoes Sa
MRVE3 BZ
500,700
2,381,983 2.88
Alupar Investimento Sa
ALUP11 BZ
367,337
2,305,503 2.79
Top 10 Total (%) 36.05
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 08/31/19

  • Country

    % of Net Assets
  • Brazil

    83.83
  • India

    3.97
  • United States

    2.58
  • Canada

    1.95
  • Italy

    1.33
  • Portugal

    1.31
  • Chile

    1.14
  • Japan

    0.98
  • Libya

    0.81
  • Israel

    0.77
  • Argentina

    0.62
  • Germany

    0.48
  • Greece

    0.27
  • Other/Cash

    -0.03

Sector Weightings (%) as of 08/31/19

  • Sector

    % of Net Assets
  • Consumer Discretionary

    22.4
  • Utilities

    20.7
  • Materials

    11.1
  • Health Care

    9.2
  • Information Technology

    8.6
  • Industrials

    8.1
  • Real Estate

    4.8
  • Consumer Staples

    4.6
  • Energy

    4.4
  • Communication Services

    3.7
  • Financials

    2.5
  • Other/Cash

    0.0