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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 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 03/23/17

    • 30-Day SEC Yield1

      1.61%
    • Total Net Assets

      $98.9M
    • Number of Holdings

      60
    • Options

      Available
    • Gross Expense Ratio2

      0.72%
    • Net Expense Ratio/TER2

      0.60%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/15/2017
  • Key Points

    Small Caps—the Real Brazil 
    A concentrated play on domestic investment themes, such as home building and consumer goods
    Not Dominated by Commodities/Materials 
    As compared to competing products/indices
    Pure Play 
    Index constituents must be incorporated in, or generate at least 50% of revenues in, Brazil
  • Trading Information

    • Fund Ticker

      BRF
    • Index Total Return Ticker

      MVBRFTR
    • NAV

      BRFNV
    • Intraday NAV (IIV)4

      BRFIV
    • Shares Outstanding

      5,050,000
    • Estimated Cash

      BRFEU
    • Total Cash

      BRFTC
    • CUSIP

      92189F825
    • ISIN

      US92189F8251
    Source: Bloomberg
  • Fees and Expenses2

    • Management Fee

      0.50%
    • Other Expenses

      0.22%
    • Gross Expense Ratio

      0.72%
    • Fee Waivers and
      Expense Reimbursement

      -0.12%
    • Net Expense Ratio/TER2

      0.60%
    2 Expenses for BRF are capped contractually at 0.59% until at least May 1, 2017. Cap excludes certain expenses, such as interest.
  • Prices as of 03/23/17

    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 $19.58
    $19.55
    53,755
    37,928
    -$0.14 / -0.72%
    $-0.06 / -0.31%
    +21.6%
    +23.0%
    $-0.03
    -0.15%
  • View All IndicesView All ETFsPerformance History: Average Annual Total Returns* (%)

    1 MO3 MOYTD1 YR3 YR5 YR10 YRLIFE
    05/12/09
    BRF (NAV)9.2828.4124.29108.17-6.04-12.85--1.87
    BRF (Share Price)8.4129.1924.98105.98-6.53-13.03--1.77
    MVBRFTR (Index)9.1228.8524.38108.01-5.51-12.22--2.54
    Performance Differential (NAV - Index)0.16-0.44-0.090.16-0.53-0.63---0.67
    Quarter End as of 12/31/16
    1 MO3 MOYTD1 YR3 YR5 YR10 YRLIFE
    05/12/09
    BRF (NAV)3.32-1.3560.9260.92-14.99-12.36---0.95
    BRF (Share Price)3.36-2.2459.7359.73-15.38-12.63---1.12
    MVBRFTR (Index)3.59-1.1161.6461.64-14.43-11.72---0.29
    Performance Differential (NAV - Index)-0.27-0.24-0.72-0.72-0.56-0.64---0.66
  • Daily HoldingsTop 10 Holdings (%) as of 02/28/17

    Total Holdings: 59
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Bradespar Sa
    BRAP4 BZ
    633,700
    4,776,6844.73
    Qualicorp Sa
    QUAL3 BZ
    656,300
    4,158,0434.11
    Fleury Sa
    FLRY3 BZ
    278,600
    3,879,4453.84
    Cosan Ltd
    CZZ US
    450,488
    3,757,0703.72
    Mrv Engenharia E Participacoes Sa
    MRVE3 BZ
    806,600
    3,702,4263.66
    Smiles Sa
    SMLE3 BZ
    170,500
    3,382,5973.35
    Metalurgica Gerdau Sa
    GOAU4 BZ
    1,776,900
    3,347,0383.31
    Cvc Brasil Operadora E Agencia De Viage
    CVCB3 BZ
    343,350
    3,148,7553.12
    Alupar Investimento Sa
    ALUP11 BZ
    488,237
    3,121,5153.09
    Cia De Saneamento De Minas Gerais-Copas
    CSMG3 BZ
    187,596
    3,110,9223.08
    Top 10 Total (%)36.01
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Country Weightings (%) as of 02/28/17

    • Country

      % of Net Assets
    • BRAZIL

      93.10
    • ARGENTINA

      2.37
    • UNITED STATES

      2.11
    • JAPAN

      1.42
    • LIBYA

      1.23
    • Other/Cash

      -0.23
  • Sector Weightings (%) as of 02/28/17

    • Sector

      % of Net Assets
    • Consumer Discretionary

      30.6
    • Utilities

      11.7
    • Materials

      11.6
    • Health Care

      11.3
    • Industrials

      8.0
    • Consumer Staples

      5.6
    • Energy

      5.6
    • Real Estate

      5.0
    • Information Technology

      4.8
    • Financials

      4.4
    • Telecommunication Services

      1.7
    • Other/Cash

      -0.2