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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 02/17/17

    • 30-Day SEC Yield1

      1.33%
    • Total Net Assets

      $101.1M
    • Number of Holdings

      59
    • 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 02/17/17

    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 $20.03
    $20.12
    51,738
    19,848
    -$0.04 / -0.21%
    $0.02 / +0.10%
    +24.4%
    +26.6%
    $0.09
    0.45%
  • View All IndicesView All ETFsPerformance History: Average Annual Total Returns* (%)

    1 MO3 MOYTD1 YR3 YR5 YR10 YRLIFE
    05/12/09
    BRF (NAV)13.732.2813.73100.90-8.26-12.63--0.73
    BRF (Share Price)15.292.5515.29100.37-8.00-12.60--0.73
    MVBRFTR (Index)13.992.0513.99103.73-7.47-11.93--1.42
    Performance Differential (NAV - Index)-0.260.23-0.26-2.83-0.79-0.70---0.69
    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 01/31/17

    Total Holdings: 60
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Qualicorp Sa
    QUAL3 BZ
    658,400
    4,306,3134.66
    Bradespar Sa
    BRAP4 BZ
    635,700
    4,196,1734.54
    Cosan Ltd
    CZZ US
    451,894
    3,696,4934.00
    Fleury Sa
    FLRY3 BZ
    279,600
    3,370,0003.64
    Mrv Engenharia E Participacoes Sa
    MRVE3 BZ
    809,100
    3,276,3533.54
    Metalurgica Gerdau Sa
    GOAU4 BZ
    1,782,300
    3,178,7393.44
    Totvs Sa
    TOTS3 BZ
    352,950
    2,922,3023.16
    Alupar Investimento Sa
    ALUP11 BZ
    489,737
    2,870,5673.10
    Cvc Brasil Operadora E Agencia De Viage
    CVCB3 BZ
    344,450
    2,842,0873.07
    Smiles Sa
    SMLE3 BZ
    171,000
    2,821,8723.05
    Top 10 Total (%)36.20
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Country Weightings (%) as of 01/31/17

    • Country

      % of Net Assets
    • BRAZIL

      92.77
    • ARGENTINA

      2.56
    • UNITED STATES

      2.04
    • LIBYA

      1.21
    • JAPAN

      1.20
    • Other/Cash

      0.22
  • Sector Weightings (%) as of 01/31/17

    • Sector

      % of Net Assets
    • Consumer Discretionary

      29.3
    • Health Care

      11.8
    • Materials

      11.5
    • Utilities

      11.4
    • Industrials

      7.7
    • Consumer Staples

      6.0
    • Energy

      5.7
    • Information Technology

      5.4
    • Real Estate

      5.1
    • Financials

      4.4
    • Telecommunication Services

      1.6
    • Other/Cash

      0.2