BRFVanEck 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 04/14/21
-
30-Day SEC Yield1
1.53% -
Total Net Assets
$46.5M -
Number of Holdings
90 -
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
2,300,000 -
Estimated Cash
BRFEU -
Total Cash
BRFTC -
CUSIP
92189F825 -
ISIN
US92189F8251
Fees and Expenses2
-
Management Fee
0.50% -
Other Expenses
0.23% -
Gross Expense Ratio
0.73% -
Fee Waivers andExpense Reimbursement
-0.10% -
Net Expense Ratio/TER2
0.63%
Investment Professionals
Peter Liao, CFA
- Portfolio Manager and Head of Equity ETFs
- Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
- Joined VanEck in 2005
- CFA charterholder; member of the CFA Society New York
- BA, Mathematics and Economics, New York University
Guo Hua (Jason) Jin
- Portfolio Manager and Analyst for Equity ETFs
- Joined VanEck in 2007
- Prior to his current role, held a portfolio administration position at VanEck
- Previously, Portfolio Analyst at Evaluation Associates
- BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
Griffin Driscoll
- Analyst for Equity ETFs
- Joined VanEck in 2018
- Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
- BS, Finance, Providence College
Ralph Lasta
- Analyst for Equity ETFs
- Joined VanEck in 2019
- Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
- BS, Accounting, Hunter College
Prices as of 04/14/21
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) | 4.09 | -8.38 | -8.38 | 51.68 | -4.27 | 13.15 | -6.20 | 2.06 |
BRF (Share Price) | 4.04 | -8.17 | -8.17 | 51.82 | -4.33 | 13.20 | -6.40 | 2.02 |
MVBRFTR (Index) | 3.45 | -8.29 | -8.29 | 51.70 | -3.60 | 13.55 | -5.59 | 2.71 |
Performance Differential (NAV - Index) | 0.64 | -0.09 | -0.09 | -0.02 | -0.67 | -0.40 | -0.61 | -0.65 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 05/12/09 |
|
---|---|---|---|---|---|---|---|---|
BRF (NAV) | 4.09 | -8.38 | -8.38 | 51.68 | -4.27 | 13.15 | -6.20 | 2.06 |
BRF (Share Price) | 4.04 | -8.17 | -8.17 | 51.82 | -4.33 | 13.20 | -6.40 | 2.02 |
MVBRFTR (Index) | 3.45 | -8.29 | -8.29 | 51.70 | -3.60 | 13.55 | -5.59 | 2.71 |
Performance Differential (NAV - Index) | 0.64 | -0.09 | -0.09 | -0.02 | -0.67 | -0.40 | -0.61 | -0.65 |
Top 10 Holdings (%) as of 03/31/21 Daily Holdings
to view
full data
Holding Name |
Ticker
|
Shares |
Market Value (US$) |
% of Net Assets |
|
---|---|---|---|---|---|
TRANSMISSORA ALIANCA DE ENERGIA ELETRIC |
TAEE11 BZ
|
313,150
|
2,165,315 | 4.79 | |
OI SA |
OIBR/C US
|
937,747
|
1,556,660 | 3.45 | |
AZUL SA |
AZUL US
|
75,960
|
1,533,632 | 3.40 | |
EMBRAER SA |
ERJ US
|
132,915
|
1,330,479 | 2.95 | |
METALURGICA GERDAU SA |
GOAU4 BZ
|
544,750
|
1,297,842 | 2.87 | |
CIA DE LOCACAO DAS AMERICAS |
LCAM3 BZ
|
277,400
|
1,221,247 | 2.70 | |
BR MALLS PARTICIPACOES SA |
BRML3 BZ
|
626,900
|
1,127,131 | 2.50 | |
COGNA EDUCACAO |
COGN3 BZ
|
1,535,000
|
1,085,393 | 2.40 | |
CIA DE SANEAMENTO DO PARANA |
SAPR11 BZ
|
274,700
|
1,073,686 | 2.38 | |
FLEURY SA |
FLRY3 BZ
|
225,000
|
1,023,336 | 2.27 | |
Top 10 Total (%) | 29.71 |
Country Weightings (%) as of 03/31/21
-
Country
% of Net Assets -
■
Brazil
92.17 -
■
Canada
2.29 -
■
Portugal
1.39 -
■
Japan
0.81 -
■
United States
0.73 -
■
Italy
0.73 -
■
Chile
0.52 -
■
Israel
0.44 -
■
Libya
0.39 -
■
Germany
0.32 -
■
Other/Cash
0.21
Sector Weightings (%) as of 03/31/21
-
Sector
% of Net Assets -
■
Consumer Discretionary
22.8 -
■
Industrials
19.4 -
■
Utilities
14.4 -
■
Materials
8.1 -
■
Real Estate
7.8 -
■
Health Care
5.8 -
■
Consumer Staples
5.7 -
■
Financials
5.3 -
■
Communication Services
4.5 -
■
Information Technology
3.1 -
■
Energy
1.7 -
■
n/a
1.2 -
■
Other/Cash
0.2